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Finance Data & Insights How CFOs Can Finance Transformation for Exponential Value in 2023 Jan 13, 2023 In 2022, ADAPT surveyed 96 Chief Financial Officers (CFOs) from Australian-based organisations. ​The following slides examine the role of CFOs in evaluating technology initiatives and the top expected transformations for finance moving into 2023. Request to Download

Overview:

Most Australian CFOs are involved in evaluating or overseeing technology projects in their organisations. ​

To play a strategic role in their organisation’s technological initiatives, CFOs need to increase their digital savviness.​

 

Key Takeaways:

  • Financial transformations in 2023 will focus on improving data for decision-making. CFOs are investing in dashboards and integrating financial data across their organisations.
  • Australian organisations, and the people they serve, continue to suffer devastating data breaches. This will continue. To avoid featuring on the nightly news, a modern CFO should place a dollar value on the risks carried by the organisation’s technology estate.​
  • To capture the most value from cloud projects, CFOs must work with engineering teams and IT decision-makers to implement FinOps methodologies and strategies.​

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