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The CFO's New Role in Managing Uncertainty

According to SAP Concur research, nine in 10 CFOs agree that their key task today is to prepare business for the unexpected. The upcoming 'CFO Insights Report' examines how growing uncertainty has pushed CFOs to focus on forecasting and risk management, with investments in analytics and AI to improve strategic decision-making. The report also covers sustainability reporting pressures, challenges for mid-size organizations, and the evolving relationship between CFOs and CHROs.

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Impact and considerations

The evolving CFO role as 'chief uncertainty manager' impacts financial strategy and risk management, guiding business travel spend control and investment decisions.

Key points

  • Nine in 10 CFOs agree that preparing business for the unexpected is their key task today.
  • The report focuses on forecasting and risk management, emphasizing investments in analytics and AI.
  • CFOs face sustainability reporting pressures and accountability to stakeholders.
  • Mid-size organizations face unique challenges, requiring tailored responses from CFOs.
  • The CFO-CHRO relationship is evolving, addressing talent and organizational resilience.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
23 Oct 2023, 18:13
Page published
14 Aug 2026, 08:21
Last updated
23 Oct 2023, 18:13
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