SAP Concur and FT Series: Accelerate Decision-Making with Financial Storytelling
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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…
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- SAP Concur BlogSAP 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.