White Papers

Are You Ready to be a Tech-Savvy CFO? 3 Radical Change is Here Your business is changing� Your market is changing� Even the macro-economy is changing� The question is: Are you changing? For today's finance leaders, adapting to this new environment is no longer optional. In many instances, the tools, strategies, methods, and tried-and-true metrics you've used to run a top-notch finance organization and forge a successful career—well, they might not be what you need to move forward� So are you content with the status quo, or are you ready to embrace a new role: change agent? Externally, your markets are pressing you to be faster, smarter, and nimbler. That means using technology to create customer-centric business models. Internally, you need a modern financial infrastructure, faster and more insightful analyses, and the ability to adapt and adopt modern metrics that reflect rapidly emerging business trends and realities. The tremendous resumé you've carefully assembled over the years likely isn't as robust as you need it to be� That's because, as the CFO's responsibilities evolve, technology is playing an increasingly prominent role. CFOs are being called upon to deliver answers that are inescapably dependent on modern, innovative technology. Many of the fundamental assumptions and methodologies that corporate finance has rightly trusted and relied on for decades are undergoing radical, transformative change, and the role of the chief financial officer will never be the same. The New Mandate for CFOs: New Rules, New Tools For CFOs, it's no longer about just debits and credits, and yet another spreadsheet. Today, you need to be part analyst, part strategist, part futurist, part collaborator—and all business. You want to be the leader who can modernize and transform business systems and operations to improve productivity. And, you want to be the leader who can adapt to the new rules and the new tools to keep the company ahead of the competition. Are you ready? You'll need a complete rethink of your financial and technology infrastructure, because shi ing business strategies are rewriting the ways companies execute their financial processes and operations. In this new world, you'll need to: • Analyze exponentially greater volumes of data • Embrace the power of social media, mobile users, and cloud computing • Tap into unlimited and ubiquitous connectivity • Capitalize on sophisticated databases and analytics • Adopt new metrics for operations and valuations In other words, you need to be a tech-savvy CFO. But even if you don't have in-depth tech fluency (and few CFOs do), it's still essential to have some basic knowledge about how technology can positively impact your company—how it can provide competitive differentiation, improve finance's productivity, open up strategic opportunities, and ensure a healthier bo om line. Let's quickly review how you can start to make that happen.

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