The CFOs pivotal role in ushering in organisation wide digitisation
CFOs can be the driving force in digitising their organisations. Long gone is a traditional “back office” role; given their increasingly far-reaching impact across the organisation, CFOs are uniquely position to usher in digital transformation in their organisation.
According to Mckinsey, CFOs can boost business resiliency and productivity through digitisation. McKinsey note that “CFOs will need to do the hard work of digitising and automating core business processes to reduce their exposures to exogenous shocks and to create resilience".
PwC’s COVID-19 CFO Pulse survey indicates that CFOs seem to be concurring. The survey finds that a majority of CFOs plan to accelerate automation and investment in digital transformation.
This Accenture study finds that CFOs are advancing the enterprise-wide digital agenda, with 77% leading their organisations efforts to improve efficiency through digitisation.
DealsPlus’s own interactions with private equity CFOs and the CFOs of private equity backed portfolio companies corroborates the above.
CFOs play a pivotal role in ushering in digitisation across their organisation. We at DealsPlus are passionately building a platform that can help private equity CFOs create long-term value through digitisation.