Changing the role of the CFO

Business Intelligence 0 Comments

July 11, 2011 from Director of Finance online – “…most CFOs now view information as a major asset justifying significant investment, and many believe that they can now manage information better. As the CFO becomes more strategically involved with enabling all departments to work towards the strategic objectives of the business, sharing information across multiple departments is becoming increasingly important in order to create a performance management culture as well as framework that sits across the whole enterprise rather than just in the area of Finance. Strategy mapping can be coordinated across an organisation and tactics/objectives developed by function and tracked in real-time departmentally as well as on a group basis…”

180 View – CFO’s are investing in business intelligence systems for finance. The same tools need to be extended to operations with CFO’s shining the lights on the numbers.

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