Digitalisation Transforms Future CFO Pipeline

Digital transformation is capturing a greater amount of CFOs’ attention — one recent study found 70% of today’s financial leaders consider this to be their top priority, CFO Dive recently reported.

Digitisation and the future of the CFO

Digitisation and automation of processes such as AP can both ease back-office troubles for companies and help drive business value, Cameron White, AvidXchange's SVP of finance said. Such capabilities help the business make better decisions and cut costs by consolidating tools or systems into one place, she said.

“I don’t know that in historic CFO roles that has been as much of an opportunity to drive business value as it is now,” she said of digitisation. “I think pulling that lens in and really looking at it that way has been...the fun part for me” of being in the organisation’s finance department, White said.

The expanding role and importance of technology throughout the finance function could also be changing the backgrounds or future skill sets for CFOs.

Read the full article at CFO Dive here.