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04 October 2023
USA

What's Next For CFOs? Why Their Evolving Role is Critical in Today's Environment

What's Next For CFOs? Why Their Evolving Role is Critical in Today's Environment

In Entrepreneur.com, Dmitry Bagrov, Managing Director of DataArt UK, and Luba Kabrits, CFO at DataArt, explore the evolving role of Chief Financial Officers (CFOs) in today's business environment.

“The CFO emerges as a vital mediator in this ecosystem, balancing structured governance and the flexibility to adapt to individual needs. Far from being a rule-enforcer wielding restrictions, the modern CFO is more of a collaborative partner, driving financial success by fostering relationships and synergy within the organization.”
“In the age of artificial intelligence, cutting-edge tools have substantially lightened the CFO's load, automating tasks from data retrieval to policy drafting and cost analysis. E-learning platforms and document-flow solutions are no longer optional; they're essential tools of the trade.“
“For the modern CFO, staying abreast of technological innovations isn't just a matter of efficiency — it's about carving out space for the creative, human aspects of the job that algorithms can't yet capture.”

Please see the full article here.