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.
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
- Original links
- SAP Concur Blog:The CFO’s New Role in Managing Uncertainty (opens in a new tab)Primary source · en · Published 23 Oct 2023, 18:13