Data tells us EVERYTHING. Putting Data into ACTION! A data-driven CFO makes decisions based on timely information that’s relevant to where the business is and where it’s headed. So, if your company is still operating from the same dashboard as a few years ago, it’s time to recalibrate.
A data-driven CFO will use generated insights to play the long game, inspiring systemic organizational improvements, while also pivoting quickly — taking actions to manage cash flows when they start going the wrong way, for example. That combo keeps a company at the top of its game.
For finance teams that can pull data into a cohesive story, the payoff is business units all pulling together to achieve common goals.