The vital role of finance processes in organizational performance has made finance leaders attentive to the dynamic business environment and how it impacts financial performance. In the past two years, CFOs have worked hard to support their organizations’ short-term survival, while taking advantage of large-scale disruptions to drive the changes necessary to gain long-term competitive advantage. To understand how CFOs’ roles and business imperatives are evolving, Everest Group conducted the Global CFO Survey 2022, whose findings we lay out in this report.
Scope
Industries including insurance, CPG & retail, hi-tech & technology, life sciences, manufacturing, airlines, and hospitality
Geographies including North America, UK & Europe, Asia Pacific, and the Middle East and Africa
Source: Global CFO Survey 2022, in which more than 300 CFOs and their direct reports participated
Contents
In this study, we share key findings and insights from the Global CFO Survey 2022, including:
The current state of finance priorities
Key organizational and transformational initiatives that CFOs have undertaken in the recent past
The building blocks for enabling change in the F&A function
The global multi-process Finance and Accounting Outsourcing (FAO) market continued to grow at a steady rate of roughly 10% in 2021 despite surging inflation, recessionary headwinds, and geopolitical instability. The volatility that enterprises faced…
