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How CFOs Are Leading Transformation and Driving Enterprise Reinvention

SAP Concur's blog cites Accenture data stating 68% of CFOs are driving three or more enterprise-wide transformation initiatives in parallel. The article discusses how CFOs can break down silos by running initiatives in parallel, improve employee experience, and offers three ways to future-proof organizations: scenario-planning capability, collaboration, and continuous improvement. It also recommends starting with areas like expense management that engage employees early.

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Impact and considerations

For finance and travel expense managers, the article offers a practical view of CFO-led enterprise transformation, highlighting expense management as a starting point and emphasizing the importance of parallel initiatives and cross-functional collaboration.

Key points

  • Aneel Delawalla of Accenture says 68% of CFOs are driving three or more enterprise-wide transformation initiatives in parallel.
  • Successful initiatives are not happening serially or in silos but are interconnected and running in parallel.
  • Running initiatives in parallel helps compress the timeline for enterprise reinvention.
  • Organizations are increasingly focused on differentiating employee experience, and CFOs are part of this effort, including by automating expense processing.
  • A new generation of employees expects digital interaction via apps and wants to focus on value creation rather than administrative tasks.
  • Paul Carr of Accenture recommends starting with areas like expense management that engage employees early, using pilot projects to gather feedback.
  • Three ways to future-proof organizations: scenario-planning capability, collaboration, and continuous improvement.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
6 Feb 2023, 17:50
Page published
14 Aug 2026, 08:26
Last updated
6 Feb 2023, 17:50
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