The CFO's Guide to Building a Future-Proof Finance Team

With more challenges rising by the day when it comes to keeping pace with the world of work, today's CFOs and their teams are turning to cloud technologies to enable their teams with operational agility and remote access. Criticaleye Partner Workday have put together a report in which 267 global CFOs were surveyed to give an insight into how other CFOs and their teams can build a future-proof finance team.

Key takeaways include:

• 99% of CFOs surveyed agreed that technology updates will become more important for attracting and retaining talent.
• When searching for new hires, 57% of CFOs are prioritising people who are familiar with leveraging AI and ML technologies – reflecting the need for AI/ML talent and a reduction in tedious, time-consuming tasks.
• According to finance underperformers, 63% of those surveyed responded that in 5 years they are looking to introduce data governance and management functions to their finance teams.
• 74% of CFOs at large enterprises rated their ability to generate insight as “excellent” as opposed to the 48% of CFOs at medium enterprises.