SAP Concur and FT Series: Accelerate Decision-Making with Financial Storytelling
The third article in the SAP Concur and Financial Times series explores how data-backed financial storytelling can help CFOs fulfill their responsibilities. Citing the SAP Concur CFO Insights report, it notes significant shifts in CFO priorities within a year: 33% of CFOs surveyed in 2023 said their organization was investing in cutting-edge technologies like AI, rising to 63% in 2024; while monitoring market conditions dropped from 57% to 20% as a priority. 57% of CFOs said their company is investing heavily for growth. The article suggests using visuals, AI tools, and tailoring messages to audiences to improve financial communication.
Impact and considerations
The report reveals the rapid evolution of the CFO role and priorities, especially the significant increase in investment in technologies like AI. For corporate finance and travel expense management, this means decisions will rely more on data analysis and real-time insights, potentially driving demand for related soft…
Key points
- The third article in the SAP Concur-FT series focuses on data-backed financial storytelling.
- 33% of CFOs invested in cutting-edge technologies like AI in 2023, rising to 63% in 2024.
- Monitoring market conditions dropped from 57% in 2023 to 20% in 2024 as a priority.
- 57% of CFOs said their company is investing heavily for growth.
- The article suggests using visuals, AI tools, and tailoring messages to audiences to accelerate decision-making.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 12 Nov 2024, 23:54
- Page published
- 14 Aug 2026, 08:13
- Last updated
- 12 Nov 2024, 23:54
- Original links
- SAP Concur Blog：Financial Times Series: Accelerate Decision-Making with Financial Storytelling (opens in a new tab)Primary source · en · Published 12 Nov 2024, 23:54