The role of the CFO has evolved radically in recent years to a more open and strategic CFO—a value creator, performance driver, innovator, and communicator. And one that is connected and mobile.
The role of the CFO has changed radically in recent years and is no longer limited to their core business. Finance leaders are realizing that if they optimize finance processes such as invoice processing (AP) they will be better able to manage cash, control spend, contribute to profits, and mitigate risk. And they will find ways to use the data housed in the AP department to make more strategic decisions. This changing role is reflected by ten major transformations, outlined in this blog contribution to Sage Intacct.