Global CFO Survey Identifies 7 Key Priorities
FTI Consulting conducted a global survey of CFOs in their Global CFO Survey 2023 Report. This report highlights CFOs continued concern with the following challenges:
- Rising Inflation
- Political Conflicts Worldwide
- Rising Interest Rates
- Food and Oil Market Disruption
- Continuing COVID-19 Impacts
In addition to these macroeconomic concerns, 94% of respondents also shared they consider talent attraction as a key hurdle.
This survey is interesting in how it aims to capture a global CFO perspective. The report specifically identifies issues within the following regions:
- North America
- EMEA
- APAC
Interesting to note, South and Central America and Africa are missing from this report’s analysis.
The reports top observations across these regions includes:
- Preparing for downturn
- Protecting margin
- Profitability analytics
- Scenario modeling and forecasting
- Workforce productivity
- Enhanced reporting expectations for ESG
- Growing investments in finance technology
All seven priorities listed above can be addressed and enhanced with investments in a modern FP&A Software Platform.