Finance and tech leaders depend on their partnership to navigate a fast-changing IT landscape
Modern business challenges are requiring the roles of CFO and CIO to become more intwined for organizations to succeed. This comprehensive survey of nearly 3,000 global C-suites highlights how finance and IT leadership are joining forces to navigate shifting ERP models, rising IT costs, the fast-evolving industry of AI and more.
Read the full report to discover exclusive insights, including:
- CIOs and CFOs both believe they are responsible for the company’s underlying technology decisions. 66% CFOs say they are in charge, 67% CIOs say they are.
- Not all CFOs are happy with the impact tech investments make on their business. Only 20% of CFOs find IT investments are showing business value, with ERP upgrades or migrations (23%) delivering the least amount of value for CFOs.
- CFOs and CIOs believe there is room for improvement in learning each other’s “language.” 85% of CFOs would like their CIO counterpart to be more business savvy, 86% of CIOs would like their CFO counterpart to be more tech savvy.
- CFOs and CIOs say their relationship has strengthened. 86% of survey respondents indicate the relationship with their counterpart has strengthened due to 4 major focus areas, with positive business results netting from the bond.
