The Expanding Role of CFOs: Navigating Beyond Finance

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The role of the CFO is currently undergoing a significant transformation, driven by organizations’ need to adapt to technological advancements, increased competition, and changing market dynamics. According to a recent Gartner survey, CFOs are increasingly reaching beyond their traditional roles and handling key enterprise priorities that were previously outside the scope of the finance function.

The survey, which gathered insights from 251 CFOs in October 2024, highlights a growing trend for 2025 and beyond: Finance leaders are now expected to drive enterprisewide strategies to enhance profitability and organizational performance, with a particular emphasis on data and analytics. They’re also being asked to take on responsibilities around enterprise risk, corporate strategy, mergers and acquisitions (M&A), and procurement.