SAP Concur: Finance Leaders Need a Certain Mindset Amid Uncertainty
SAP Concur published a CFO Insight Series report, 'Lead Through Business Uncertainty with Technology and Strategic Vision,' gathering views from global finance leaders. It advises finance leaders to embrace technology, prioritize foundational principles, and foster personal growth and collaboration. WalkMe CFO Hagit Ynon says the right tools, technology and mindset must be in place now to secure future profitable success. The report notes automation reduces nuts-and-bolts work while empowering finance to better analyze data; managing cash flow, payables, receivables, compliance and fraud prevention remain key duties but should be part of an integrated approach. Finance leaders also need to…
Impact and considerations
The report offers finance leaders a strategic perspective on navigating uncertainty, emphasizing technology adoption, cross-functional collaboration and talent development, with relevance to the positioning of travel and expense functions.
Key points
- The report advises finance leaders to embrace technology, prioritize foundational principles, and foster personal growth and collaboration.
- The WalkMe CFO says the right tools, technology and mindset must be in place now to secure future profitable success.
- Automation reduces finance teams' nuts-and-bolts work on budgets, invoices and other areas.
- Automation empowers finance to better analyze data and support decisions and strategy.
- Managing cash flow, payables, receivables, compliance and fraud prevention remain key duties.
- Finance leaders need to collaborate more with product, technology, HR, compliance and treasury functions.
- The report says finance should be seen as part of an integrated approach, raising its visibility and influence in the company.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 13 Mar 2024, 17:16
- Page published
- 14 Aug 2026, 08:16
- Last updated
- 13 Mar 2024, 17:16
- Original links
- SAP Concur Blog：Amid Uncertainty, Finance Leaders Must Have a Certain Mindset (opens in a new tab)Primary source · en · Published 13 Mar 2024, 17:16