• For many years the industry has been talking about the evolving role of the CFO from back-office scorekeeper to strategic advisor and business partner to the enterprise.  So how are we doing in this endeavor? 

    Are CFOs increasing their influence on strategy and decision-making across the organization?  This was the focus of a recent panel discussion held by the New Jersey chapter of the CFO Leadership Council titled “The Expanding Role of the CFO.” 

    The moderator of the panel was Ian Charles, CFO of Host Analytics.  The panelists included Denise Dettingmeijer, CFO of Randstad North America,

    Posted by on December 13, 2016
    Topics: CFO
  • Trend #7: Excel isn’t going anywhere

    Earlier this year, we polled 252 financial and accounting decision makers to determine what major trends they see emerging that will affect the corporate finance function.  In this seven-part blog series, we'll examine each of these developments.

    Mark Twain once said in a cable, “The reports of my death are greatly exaggerated,” when his obituary was accidently published in the US press. The same can be said for Excel’s death. EPM applications have been claiming they are set to replace Excel and “Excel hell,” but the reality is it isn’t going to happen

    Posted by on October 28, 2016
    Topics: CFO
  • Trend #6: Finance hasn’t embraced big data… yet

    Earlier this year, we polled 252 financial and accounting decision makers to determine what major trends they see emerging that will affect the corporate finance function.  In this seven-part blog series, we'll examine each of these developments.

    Big data is all the rage. The vast majority of companies, though, are not using it as part of their financial processes. At least not yet. Most have the aspirational goal of using it in the next 12 months. Past usage rates, however, suggest it will likely move more slowly.

    Interestingly, medium-sized

    Posted by on October 21, 2016
    Topics: CFO
  • With summer a distant memory and Q3 2016 in the rearview mirror for most organizations, what are most CFOs focused on as we enter Q4 and look forward to 2017? 

    There’s plenty of work ahead in getting to the finish line of year-end 2016.  What initiatives can you pursue to help your company achieve its revenue and profit goals for the year?  How do you prioritize and balance all of the tasks you need to complete to close out 2016 while planning for 2017 and beyond? 

    That was the focus of the CFO Leadership Council’s NYC chapter event in September titled “Getting to the Finish Line,” where a

    Posted by on October 18, 2016
    Topics: CFO
  • Trend #5: CFOs see turnover as a roadblock

    Earlier this year, we polled 252 financial and accounting decision makers to determine what major trends they see emerging that will affect the corporate finance function.  In this seven-part blog series, we'll examine each of these developments.

    Whether being a strategic partner or improving processes in their areas, CFOs see high staff turnover as the top barrier to achieving key goals. That response was consistent across company sizes.

    This trend is likely driven by the improving economy. Past research, however, shows that “job drudgery” also

    Posted by on October 14, 2016
    Topics: CFO
  • Trend #4: Modeling is the top initiative

    Earlier this year, we polled 252 financial and accounting decision makers to determine what major trends they see emerging that will affect the corporate finance function.  In this seven-part blog series, we'll examine each of these developments.

    Big changes in where finance focuses are being driven by the data and functionality now available via newer technologies. In the past, finance initiatives were more focused on improving processes or new approaches to planning. These have given way to modeling and predictive analytics for nearly half of the

    Posted by on October 7, 2016
    Topics: CFO