CFOs Operating More Like Chief Strategy Officers, According to New Protiviti Study

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Survey finds finance leaders concerned about security, data and internal customers

MENLO PARK, Calif. , Sept. 12, 2019 /CNW/ — Global consulting firm Protiviti has released the findings of its annual Finance Trends Survey, which reveals the continuation of a significant shift in the priorities and activities of Chief Financial Officers (CFOs) and senior finance executives. Survey respondents rated different areas in the finance function to reflect their priorities and areas of concern for the next 12 months. Over 70% of CFOs and vice presidents of finance view ‘strategic planning’ as one of the highest priority areas in which they want to improve their knowledge and capabilities, highlighting the need for these finance leaders to focus on strategic matters as much as operational and day-to-day finance and transactional matters.

Protiviti logo. (PRNewsFoto/Protiviti) (PRNewsfoto/Protiviti)

“The data-driven nature of today’s finance function makes the CFO invaluable in setting and executing the company’s strategy, especially when it comes to forecasting trends or managing government and regulatory relationships,” said Chris Wright , a Protiviti managing director and global…

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