CFO Insights
Welcome to the May issue of CFO Insights.
This month, we focus on the CFOs role in innovation and technical debt management, tips for building a stronger company culture, and how to navigate a recession while sustaining organizational resilience. Read on for our thoughtful insights on how to navigate risk in a dynamic world.
Featured Thought Leadership
It’s Not Too Late To Get Ahead Of The Next Recession, Whenever It May Come
Forbes article by Protiviti's Jim DeLoach
Why it matters: Cultivating and sustaining organizational resilience prior to and during a recession is a challenge, but it’s well worth the effort. CFOs should deploy all of the tools and techniques they have at their disposal in order to manage margins and support investments that accelerate their organization’s recovery once the economic cycle turns.
Need to Know for the CFO: Top 5
How CFOs can ensure that their organizations can evolve quickly and wisely
Organizations today spend an average of 30% of their IT budgets and invest a fifth of their IT human resources on technical debt management. This research, based on a global survey of more than 1,000 CIOs, CTOs and other technology leaders, underscores the burden created by technical debt and likely is an eye-opener for the CFO.
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How a regional bank achieved national growth by championing change
A regional bank envisioned growing into a national financial institution – and put customer satisfaction at the heart of their growth strategy. Their customer-centric philosophy would demand deep transformation in all aspects of operations.
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NEW sustainability reporting requirements — what U.S. companies should know
The Corporate Sustainability Reporting Directive (CSRD) entered into force in January 2023 with the goal to increase transparency on sustainability information for investors and other stakeholders. This June, the detailed European Sustainability Reporting Standards (ESRS) will be officially released.
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