Strategy

What Happens When Finance Takes the Reins of Digital Transformation?

The commitment to digital transformation is expected to strengthen in the coming year. Among the CFO Research survey respondents, 59% plan to increase their total spending on digital transformation initiatives by at least 5% in 2020.

 

But who is really in charge of the digital transformation? Often these projects are driven by IT, with finance relegated to ensuring compliance and managing the budget.

 

What makes CFOs uniquely positioned to drive innovation? “CFOs are the value drivers and change enablers in the organizations due to their role in the C-suite, and their natural focus on ROI ensures that transformation is connected back to driving value for the organization,” said Anthony Coletta, CFO of SAP North America.

 

This eBook examines the challenges of a digital transformation, why CFOs need to lead the process, and best practices to ensure success.