How Technology Helps CFOs Make Lightning-Fast Finance Decisions

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Summary

We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. That takes a lot of weight off our Accounts Payable people.” Donahue also highlighted the importance of being able to extract large amounts of data from multiple systems in a seamless and accurate process. The Best Tech Investments Finance Leaders Can Make Market conditions remain volatile, and the CFO’s Office is increasingly being called upon to contribute to overall business strategy. Now we can do it in six days.” Donahue continued to share that the Accounts Payable lead on his team saves 30 minutes each day, and, over a full year, that really adds up and allows them to focus on other, value-add areas. Instead of spending half a month on a close, Donahue’s team only needs one week, which gives them that time back to dive deeper into the financial statements to ensure accuracy and analyze trends before sharing insights with senior management.

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