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Finance Market Narratives CFOs’ Budget Playbook: Driving Transformation, Managing Risk and Enhancing Value​ Feb 28, 2025 The deck delves into the goals, challenges, and readiness of Australian CFOs in 2024, focusing on their dual priorities of cost optimisation and digital transformation. Request to Download

The deck delves into the goals, challenges, and readiness of Australian CFOs in 2024, focusing on their dual priorities of cost optimisation and digital transformation. It explores macroeconomic factors impacting budget allocations, the readiness to meet expectations, and the growing need for more comprehensive approaches to managing technical debt and demonstrating finance’s value.

 

Core Insights:

Dual focus on optimisation and transformation

  • CFOs are focused on optimising traditional finance functions while driving digital transformation to enhance strategic decision-making.
  • This balance is essential to manage cost optimisation, revenue innovation, and IT simplification, especially amidst macroeconomic pressures.

Challenges in finance’s value demonstration

  • CFOs are facing difficulties in demonstrating the tangible value of finance, especially when managing technical debt and tracking IT investments.
  • There is a need for CFOs to adopt comprehensive strategies for better visibility and management of finance operations to showcase their impact on business outcomes.

Macroeconomic…

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