Oxford Economics Survey: CFOs Embrace Cloud Technology

A SAP Concur blog post describes a global survey of 1,500 finance executives by Oxford Economics and SAP examining what separates leading finance leaders from followers, compiled into the report Effective Spending Management Boosts Performance. The report lists six traits of top finance leaders, including strong influence beyond finance, driving strategic growth, improving efficiency with automation, effectiveness at core finance processes, collaboration with business units and handling regulatory change. The post says 95% of CFOs consider cloud-based applications critically or very important to financial performance.