MENLO PARK, Calif., Nov. 3, 2011 /PRNewswire/ — The ties that bind finance and technology appear to be getting stronger, according to a new Robert Half Management Resources survey. Forty-four percent of chief financial officers (CFOs) recently polled said that, in the past three years, they have become more involved in technology-related decisions. Only 6 percent said they were less involved in these decisions.
The survey was developed by Robert Half Management Resources, the world’s premier provider of senior-level accounting and finance professionals on a project and interim basis. It was conducted by an independent research firm and includes responses from 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees.
CFOs were asked, “In your role as CFO, are you more or less involved in technology-related decisions than you were three years ago?” Their responses:
Much more involved
Somewhat more involved
Somewhat less involved
Much less involved
Don’t know/no answer
“Finance executives increasingly view enhanced information technology capabilities as a route for the enterprise to achieve efficiencies and boost productivity,” said Paul McDonald, senior executive director of Robert Half Management Resources. “In particular, cloud computing and business intelligence are gaining more attention from CFOs, who favor their benefits in enabling greater access to company data on a more flexible and cost-effective basis.”
Collaboration between finance and IT is likely to build as companies prepare for major projects in 2012. In a separate Robert Half Management Resources survey, CFOs cited IT systems as the area in which they were most likely to invest in the next 12 months.
Read Robert Half Management Resources Survey: More than 4 in 10 CFOs Getting Closer to Technology now »
By Tim Spagnola
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