With the global economic recession forcing companies to reevaluate financial fundamentals, research shows that CFO support is needed more than ever.
Cometh the hour, cometh the CFO. The current global downturn is shining a spotlight on the role of the modern chief financial officer. Companies are now placing far greater reliance on the CFO’s advice and understanding than they ever have done in the past.
Finance leaders and their teams are now seen as a valuable resource to guide companies through the economic maelstrom, on both operational and strategic sides of the business. This has inevitably placed greater demands on CFOs, who have never been so stretched. But they know they now have the support of the board, so they have the ability to adapt and thrive in the new economic environment.
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