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CFOs are Modern Day Business Partners

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CFOs are Modern Day Business Partners

Anamika Sahu, Managing Editor

The fragile economy, which is every growing and mostly limping in the current times, globally, has put immense pressure on the CFOs to make apt and forward looking financial decisions. From the bottom line to the top line, a CFOs decision impacts the entire business lifecycle. It is becoming quite difficult for them to help organizations towards opportunities, while balance the ordinary demands. Hence it is imperative for them to adopt the latest tech tools, or get left behind.

Hence to choose the right technology fit for their business needs, CFOs must have the correct
understanding of their company’s key metrics/leading
indicators. Data indeed is the lifeline for any CFO today, hence churning these data to comprehend their company’s current health and accurately forecast future growth and obstacles is equally important. This will only empower them to be a visible leader in the business. Hence gathering a team of efficient finance analyst will be one of the top challenges of the CFOs.

CFOs not just manage finance, but act as their CEO’s right hand executive, their confidante and their champion who can drive his vision into reality. As with time, the role of CFO will undergo more shifts, both internally and externally, the current market will throw more pressing challenges on them to make quick, fast but positively impactful decisions despite being under cost cutting pressure. In this edition of CEO Insights ‘Top10 CFOs - 2019’, we have tried to encompass some of India’s biggest CFOs role, responsibilities and their strategies that turned the table in favour of their companies. The featured CFOs have spoken about their past experience, current roles and future challenges in large, talking about even their source of inspiration and their future aspirations. Read to know more about them.
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