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CFOs are keeping a close eye on the balance sheet and every purchasing decision needs to be carefully analysed and justified. One of the most painful expenses of all can be technology, but there are substantial business benefits to be gained by investing in the right technology.
Being more strategic is increasingly important as CFOs move from being transactional holders of the purse strings to being business partners who deliver insights and guidance to the greater business.
CFOs can improve their back office efficiency by closely examining their existing processes and making incremental changes that will reap greater benefits for the entire finance team.
The role of CFO is increasingly changing from operational to strategic planning. In this blog, Deltek UK's Senior Director of Finance explains how CFOs can deliver the business transformation required to enable a strategic finance function.