The third #CFO survey conducted by Gartner and Financial Executives Research Foundation shows that CFOs alone have authorised 26% of all IT strategic investments.
IT departments report to the CFO in 58% of companies with revenue between $50-250 million.
These findings highlight the power of business insight, analytics and information to enhance strategic financial planning and decision-making structures.
72% of firms said they will invest where IT can produce competitive advantage. Senior financial executives ranked business intelligence and enterprise business applications as investment priorities.
To discover more about the role of technology in improving operational performance and strategic decision making, check out The CFO Show Middle East.
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