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As the CFO Evolves (Again), Vendor Opportunities Await (Again)

Document:                       STR-411
Date of Publication:          November 30, 2007
Number of Pages:             6
Lead Author(s):                M. Koenig, C. Burns, M. West
Price:                              $295 USD

Perspective Summary:

Saugatuck Research into Business Intelligence and Corporate Performance Management suggests that the role of the CFO in the Enterprise is evolving yet again.  In the past two decades, we have observed the CFO’s role grow layer by layer:

 

Financial Reporter

Security Guard

Portfolio Manager

Certifying Authority

Owner of the Truth

Decision Enabler 

With each of these shifts, the information technology capabilities have also evolved, and new investment in IT has followed.  This Strategic Perspective summarizes the changes over the last two decades, and describes the shifts in business computing that accompany them – the most recent of which Saugatuck is calling Unified Performance Management. 

IT Software and Services vendors have yet another opportunity in front of them as the CFO role evolves.  Those who understand these changes and plan for them will have a comparative advantage over those who do not.
 
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