New data. New metrics. New technologies. New revenue models. From big data and network effects to the subscription economy and cloud computing, modern finance is undergoing its most fundamental transformation ever.
The role of the CFO will never be the same. The drivers of this change come from all directions—customers, the Board, your finance team, your stakeholders within the firm. And most of all, technology is driving change in the CFO role. We all know that change is rarely easy, even if entirely worthwhile. In this case, technology is both the source of your challenge and the solution you need.
Today, it takes a tech-savvy CFO—someone who understands and embraces the promise and power of technology—to navigate this exciting but sometimes uncertain future. A tech savvy CFO seeks to modernize and transform the company’s business systems (and IT infrastructure) to boost staff productivity and give the company flexibility for the future. Even if you are in the process of becoming tech savvy, in today’s landscape, an effective CFO must have knowledge of how technology will positively impact your company.
Tech-savvy CFOs need new ways to slice and dice all financial data —looking at customers in aggregate, or through a single segmentation (like geography) is not enough. Today’s leading executive needs real-time access to the critical information they care about most, in order to make timely, actionable decisions. They also need flexibility to scale and adapt as the business changes, speed to meet the pressures from above, below, and all around, and technology to manage it all.
How does one become a better tech-savvy CFO?
The launch of our new microsite, The Tech-Savvy CFO, is an online resource designed specifically to answer these questions and demonstrate how CFOs can use technology to define and create an agile, insightful, future-proof world for finance.
Want to get started right away? Check out this free webinar recording, Meet the Tech-Savvy CFO, led by technology expert Brian Sommer, founder of Vital Analysis. You’ll learn:
- The technologies and skills you need to move to a digital, data-driven world
- The risks of not implementing a modernization strategy
- Big data’s impact on planning and other financial processes
- New valuation metrics for digitally-centric businesses
You can’t afford to be left behind. We invite you to include Intacct on your journey to becoming the tech-savvy CFO.