Reinventing the CFO: How Financial Managers Can Transform Their Roles And Add Greater Value

On the heels of a decade of scandals and the new pressures brought on by the Sarbanes-Oxley Act, corporations expect far more from their CFOs than simply managing the numbers. They expect decision-making support and performance insights that can improve bottom-line results. Unfortunately, the complexity and detail inherent in CFOs jobs keep them shackled to budgeting and transaction-processing systems that leave little time for value-adding activities. Grounded in extensive research, Reinventing the CFO outlines seven critical roles streamlining redundant processes to regulating risk to identifying a few key measures CFOs must take on in order to successfully transform the finance operation.