INSIGHTS & INDUSTRIES / WHITE PAPERS:
The year was 1985. The Coca-Cola Company introduced New Coke, the first “.com” was registered and Windows 1.0 was released. This was
the same year we first saw articles touting the CFO as someone who “needs to be strategic: a business partner and not just a bean counter.”
Business writers still publish these articles today, but it’s time to stop. CFOs know they need to be strategic, and they know they need
to operate the finance function. They don’t need an article to tell them that anymore.
They do, however, need clear vision and technology to help them juggle new balls in the finance ecosystem: regulatory changes, artificial intelligence and blockchain. Finance must add these balls to its mix while still juggling its “traditional” responsibilities of internal controls, compliance and closing the books quickly.
If CFOs can master this juggling act, they’ll finally become the “strategic business partners” written about since 1985.
This white paper explores how CFOs can be strategic while delivering on traditional responsibilities.
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With the growing tension and increasing potential of conflict between global supply chain capitals, China and Taiwan, it’s now evident businesses, and indeed economies, must safeguard their logistics against disruption to ensure stability and growth.
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This white paper examines the most common habits of highly effective CFOs that NetSuite has identified from its history of working with established and growing businesses, and delves into the role-defining trends that are shaping the future of the finance function.
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