Epicor Study Reveals the Evolving Role of the CFO
A few times a year, Epicor sponsors studies to better understand the market and industries it targets. Just recently they revealed the findings of “The Evolving Role of the CFO in 2023,” an IDC Info Brief sponsored by Epicor.
Highlights from the study include more than 80 percent of manufacturing and distribution organizations surveyed agreed that today’s economic uncertainty has “significantly” elevated the importance of the CFO in driving strategy and technology optimization initiatives. Finances and growth rate were cited as the top IT investment drivers in the current economic climate.
“The back office is not the back office anymore, with CFOs and their finance organizations increasingly playing a more vital role in driving IT investment to compete and grow,” said Marco de Vries, Epicor Vice President of Product Marketing. “It’s all about transforming the speed and efficiency in decision-making across the business, which is critically important for supply chain industries that have faced continual disruption and economic pressures to adapt and thrive.”
CFOs seem to be the driving force in the business when it comes to modernizing the tools finance departments rely on to improve efficiency and overall performance.
2W Tech is an Epicor Platinum Elite partner and has over 35 years working with Epicor solutions. If you are interested in learning more about Epicor Kinetic ERP, give our team a call today!