Finance Under Pressure

By March 28, 2019 at 4:32pm

FINANCE UNDER PRESSURE

CFOs reported the greatest pressure points impacting their accounting and finance organizations

35% Meeting regulatory compliance mandates
35% Keeping pace with changing technology
18% Finding and keeping skilled staff
12% Harnessing/managing big data
2% Other

Responses do not total 100 percent due to rounding.

Pressures spur companies to evaluate existing processes and seek new solutions to improve performance and productivity

Increasing Burden/Costs

PRESSURES

Regulatory compliance

Keeping pace with technology

IMPACT

Drive transformation initiatives

SOLUTIONS

AI, automation, cloud, ERP, big data

RESOURCES

Specialized knowledge and skills

Greater Efficiency/Agility

How companies are helping staff keep pace with changing technology

Offering training and professional development opportunities: 55%
Providing continuing education reimbursement: 41%
Bringing in external consultants for support: 41%
Assigning technology-related projects to expand skills: 40%
Fostering greater collaboration with IT colleagues: 40%

Multiple responses were allowed.

Source: Robert Half Management Resources survey of more than 1,100 CFOs at companies in the United States

© 2019 Robert Half Management Resources. An Equal Opportunity Employer M/F/Disability/Veterans.

More From the Blog...

Availability Status

Let us know you're ready to work with one click.

Update My Status

Set Your Status

Click the blue button on your profile page at least once a week to keep your status set to Available.

Set Your Status

Your status will automatically change to Idle and Unknown over time, so update it weekly while you’re looking for work

Update My Status