Digital transformation is capturing a greater amount of CFOs’ attention, according to one recent study that found 70% of today’s financial leaders consider this to be their top priority.
Digitization and automation of processes such as accounts payable (AP) and accounts receivable (AR) can both ease back-office troubles for companies and help drive business value, several CFOs reported.
The expanding role and importance of technology throughout the finance function could also be changing the backgrounds or future skill sets for CFOs.
Most financial leaders today have degrees in accounting, business administration and economics. The skill sets of soon-to-be CFOs are somewhat more diverse. Learn why.