REPORTThe new CFO tech gap
Today’s CFOs are battling inefficiencies and limited insights due to critical gaps in their finance tech stack. To uncover how leading finance teams are closing these gaps, we surveyed 1,000 finance leaders across Europe about their priorities, the rise of AI, and its surprising impact on team growth.
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What you'll learn
Only 35% of CFOs say their current tech stack meets their needs. Discover how they're investing in tools like spend management and cybersecurity over the next one to five years to streamline operations and fuel growth.
Key insights & expectations
CFOs expect their updated tech stack to contribute to a 14% revenue increase.
87% of CFOs trust AI to take on some of their responsibilities.
48% of CFOs expect team sizes to grow as a result of AI in the next five years.
"Today's CFOs are expected to drive performance across the business. However, with limited or incompatible tools, they can easily get bogged down in data and processes. This report explores the CFO's evolving role and the expectations around tech, specifically what tools finance teams need and how they can shape the future of your business."
FAQ
This report dives into the evolving role of today’s CFOs and the technology gaps they face. It highlights the tools and strategies that finance leaders are prioritising to drive growth, improve efficiency, and support strategic goals.
CFOs are increasingly expected to lead beyond finance, tackling challenges like sustainability, compliance, and innovation. A modern tech stack can alleviate data inefficiencies and free up time for more strategic work.
We engaged independent research house Coleman Parkes to survey 1000 CFOs, Financial Directors, VPs of Finance and Heads of Finance, from organisations with over 250 employees and with a revenue of over £50m. The global online survey took place in August and September 2024 across Bulgaria, France, Germany, the Netherlands, UK, and Spain.
Our findings show how CFOs are approaching AI as a powerful tool for data processing, scenario modeling, and decision support, enabling them to focus on higher-impact areas of the business.
The report covers real investment priorities and strategic areas that forward-looking CFOs are focusing on — like spend management, cybersecurity, and automation — to stay competitive and drive business growth
This ebook is essential for finance leaders, strategic planners, and anyone in finance who wants to understand the trends shaping the future of the CFO role and the critical technology investments they should consider.
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