{"id":1557,"date":"2019-08-28T06:00:32","date_gmt":"2019-08-27T20:00:32","guid":{"rendered":"https:\/\/www.sage.com\/en-au\/blog\/?p=1557"},"modified":"2026-02-05T20:12:35","modified_gmt":"2026-02-05T09:12:35","slug":"cfos-driving-digital-transformation","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-au\/blog\/cfos-driving-digital-transformation\/","title":{"rendered":"How leading CFOs are driving digital transformation"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-au\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tHow leading CFOs are driving digital transformation\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2019-08-28T06:00:32+10:00\">August 28, 2019<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"How leading CFOs are driving digital transformation\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-au\/blog\/cfos-driving-digital-transformation\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-au\/blog\/author\/kerryagiasotis\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-au\/blog\/wp-content\/uploads\/sites\/5\/2019\/08\/Kerry-Agiasotis-512px-350x350.png\" class=\"entry-author__image\" alt=\"\" srcset=\"https:\/\/www.sage.com\/en-au\/blog\/wp-content\/uploads\/sites\/5\/2019\/08\/Kerry-Agiasotis-512px-350x350.png 350w, https:\/\/www.sage.com\/en-au\/blog\/wp-content\/uploads\/sites\/5\/2019\/08\/Kerry-Agiasotis-512px.png 512w\" sizes=\"auto, (max-width: 40px) 100vw, 40px\" \/>\t\t\t\t<span class=\"entry-author__name\">Kerry Agiasotis<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>Driven by new technology like cloud, automation, and the increasing expectations of customers, a new landscape of fast-paced, digitally-driven business has emerged \u2013 forcing organisations to reimagine how they will survive and thrive.<\/p>\n\n\n\n<p>Digital transformation is now imperative for B2B organisations, and at the heart of this transformation is the CFO.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-the-cfo-is-critical-to-leading-digital-transformation\"><strong>Why the CFO is critical to leading digital transformation<\/strong><\/h2>\n\n\n\n<p>Selecting the right technology foundation is the major challenge organisations face on the road to <a href=\"https:\/\/www.sage.com\/en-au\/blog\/glossary\/what-is-digital-transformation\/\">digital transformation<\/a>. To fully realise it\u2019s potential, this technology must be integrated and co-ordinated across the entire ecosystem of a business.<\/p>\n\n\n\n<p>Particularly for growing organisations, often the first investment they make is in financial management \u2013 to build out the technology the CFO needs for success. This inadvertently thrusts the CFO into the limelight to lead digital transformation for their organisation, redefining their role in the process.<\/p>\n\n\n\n<p>CFOs are now poised to move beyond their traditional role and lead companies to new frontiers. However, they may not be equipped to fully harness the potential of cloud technology and drive wider business transformation beyond the finance function.<\/p>\n\n\n\n<p>While today\u2019s CFO has been tasked with analysing the past, tomorrow\u2019s CFO is expected to be a visionary. They will need to leverage the vast amounts of data made available by a newly connected and digitalised world, to help predict the future direction of the organisation, uncover hidden opportunities and close information gaps. The CFO will be the gatekeeper of data and analytics, and drive digital transformation throughout the business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-our-free-whitepaper-cfo-3-0-digital-transformation-beyond-financial-management\"><strong>Download our free whitepaper: <em>CFO 3.0 \u2013 Digital Transformation beyond Financial Management<\/em><\/strong><\/h2>\n\n\n\n<p>Citing the latest finance industry data and research, our whitepaper details the key trends and challenges faced by CFOs as they grapple with this new digital reality \u2013 driving digital transformation beyond the finance function.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">CFO 3.0 \u2013 Digital Transformation beyond Financial Management<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Download our whitepaper to learn:<\/p>\n<ul>\n<li>The key trends driving the digitalisation of the finance industry<\/li>\n<li>How and why the role of the CFO is changing<\/li>\n<li>Why the CFO is key to driving digital transformation<\/li>\n<li>How Millennials are influencing adoption of new technology<\/li>\n<li>What keeps CFOs up at night \u2013 the 5 roadblocks to digital transformation<\/li>\n<\/ul>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-9705cb3b-5312-41c8-881a-67c05a42aecc\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download Whitepaper<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1064\" height=\"810\" src=\"https:\/\/www.sage.com\/en-au\/blog\/wp-content\/uploads\/sites\/5\/2019\/07\/resize-1675x1275-109-1064x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-au\/blog\/wp-content\/uploads\/sites\/5\/2019\/07\/resize-1675x1275-109-1064x810.jpg 1064w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Driven by new technology like cloud, automation, and the increasing expectations of customers, a new landscape of fast-paced, digitally-driven business has emerged \u2013 forcing organisations to reimagine how they will survive and thrive. Digital transformation is now imperative for B2B organisations, and at the heart of this transformation is the CFO. Why the CFO is [&hellip;]<\/p>\n","protected":false},"author":887,"featured_media":544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"footnotes":""},"categories":[81,82,75],"tags":[248,253,249,166],"business_type":[9],"context":[],"industry":[],"persona":[104,105,102],"imagine_tag":[59,69,252,42,40,43],"coauthors":[289],"class_list":["post-1557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-planning","category-business-process","category-strategy-legal-operations","tag-cfo","tag-cfo-3-0","tag-digital-transformation","tag-making-financial-decisions","business_type-medium-sized-business"],"sage_meta":{"region":"en-au","author_name":"Kerry Agiasotis","featured_image":"https:\/\/www.sage.com\/en-au\/blog\/wp-content\/uploads\/sites\/5\/2019\/01\/GettyImages-613777524.jpg","imagine_tags":{"59":"Business intelligence","69":"Business management","252":"CFO 3.0","42":"Enterprise business","40":"Mid-sized business","43":"Technology and Innovation"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice Australia","distributor_original_site_url":"https:\/\/www.sage.com\/en-au\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/posts\/1557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/users\/887"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/comments?post=1557"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/posts\/1557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/media\/544"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/media?parent=1557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/categories?post=1557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/tags?post=1557"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/business_type?post=1557"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/context?post=1557"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/industry?post=1557"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/persona?post=1557"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/imagine_tag?post=1557"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-au\/blog\/api\/wp\/v2\/coauthors?post=1557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}