CFOs Remain Committed to Digital Tools Despite Inflation
SAP Concur's blog notes that despite global inflation and recession concerns, many CFOs expect investment in digital tools that deliver efficiency and insights to continue. The article cites views from SAP CFOs across regions, covering sustainability, recruitment and retention, and confronting inflation-related challenges. CFOs can view digital transformation as a way to boost enterprise resiliency and navigate major disruptions like recession.
Impact and considerations
For finance and travel expense managers, the article indicates that even in uncertain economic times, investment in digital T&E tools is still seen as key to resilience and efficiency, helping companies justify such spending under budget pressure.
Key points
- Inflation is again a global problem, squeezing budgets and driving concerns about a worldwide recession.
- Many CFOs expect investment in digital tools that deliver efficiency and insights to continue.
- CFOs can view digital transformation as a way to boost enterprise resiliency and navigate major disruptions like recession.
- Areas of focus for SAP CFOs across regions include sustainability, recruitment and retention, and confronting inflation-related challenges.
- Seamless digital solutions with advanced analytics and data integration can automate processes and provide decision-making insights for leadership.
- CFOs can collaborate with HR to set pay and benefits, establish an attractive culture, and improve training.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 6 Feb 2023, 21:01
- Page published
- 14 Aug 2026, 08:26
- Last updated
- 6 Feb 2023, 21:01
- Original links
- SAP Concur Blog：CFOs Remain Committed to Digital Tools Despite Economy (opens in a new tab)Primary source · en · Published 6 Feb 2023, 21:01