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The changes and challenges in the role of CFO

The expanding role of the CFO

  • The changes and challenges in the role of CFO
    Chief Financial Officers in middle class organizations face the same challenges as their colleagues in larger companies. CFOs of mid-large organizations are expected to have tight control over their financial management and all have information about maintaining their business performance. They are the strategic heart of the organization and IT investments are of great importance to them. This document displays a brief overview of different visions of CFOs on the changes in the role of CFO, including: the challenges and the strategies they use in their business to offer a successful future.

Chief Financial Officers in middle class organizations face the same challenges as their colleagues in larger companies. CFOs of mid-large organizations are expected to have tight control over their financial management and all have information about maintaining their business performance. They are the strategic heart of the organization and IT investments are of great importance to them.

What do the CFOs say?
In this white paper senior managers of fast-growing organizations are speaking. These managers have extensive experience synchronizing financial management and IT strategies. Even though the growth of a company depends on the industry, geography and other factors, experienced CFOs often face similar problems. Every CFO interviewed for this paper confirms the importance of IT modernization to support further growth of an organization and promotion.

What is important in expanding your organization?
If an organization wants to expand, it is important that the organization has real-time analytical insight into business information. Real-time information enables organizations to execute well informed choices so organizations can extend the right way. To retrieve real-time information, managers can use the tools from Oracle. Oracle Business Accelators is powerful, cloud-based and easy to implement. This tool integrates quickly and easily with other Oracle applications.

Download this whitepaper
This document displays a brief overview of different visions of CFOs on the changes in the role of CFO, including: the challenges and the strategies they use in their business to offer a successful future. In this white paper you will find links to interviews with CFOs and movies on the use of tools to expand their organization.Download this white paper for more information about upgrading your organization with the help of IT modernization.

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Forza Consulting

Partner: Forza Consulting

Forza Consulting is an agile consultancy services company, providing high-quality application, integration and development services related to Oracle JD Edwards.

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