A CFO’s leadership style influences his or her decisions about technology investments, according to a study by Epicor Software. The study’s data suggest that smart decisions about technology also support a company’s profitability.

Epicor surveyed more than 1,500 CFOs of manufacturing, distribution, and retail companies—the industries for which it provides ERP systems. Based on their replies, it divided CFOs into six different leadership types: Carers, Conductors, Politicians, Revolutionaries, Traditionalists, and Visionaries.

Traditionalists are the CFOs who are least likely to see the need to invest more in the company’s technology systems. Only 14% of Traditionalists in the survey said their systems should be updated, versus 32% of CFOs overall.

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