
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
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