How Investor-Backed CFOs Are Optimizing for Growth
We surveyed 100 private equity-backed CFOs—discover the key strategies they’re using to drive growth and what you should be considering next.
The Strategic CFO Series
What’s Holding CFOs Back from Leading Strategy?
Despite their growing role in shaping business direction, many CFOs remain bogged down by operational demands. Discover the key barriers — and how to break through them to become a true strategic partner.
88%
of CFOs report underestimating the time it takes to migrate their F&A processes.
33%
of the standard workweek is what CFOs say the process for building an F&A team takes
53%
of CFO time should be spent on strategic planning for the company
“Implement a strategy that will point out the biggest expenses and cut all unnecessary ones.”
"PE companies tend to require enterprises to operate at a faster pace than that to which they might previously have been accustomed, and that's something a CFO has to deal with."
Executive Summary
Why CFOs Struggle to Shift from Scorekeeper to Strategic Partner
After closing an investment from institutional investors in the private equity and venture capital industry, a company’s need for an optimized and rigorous finance and accounting function becomes critical.
The functional and technical skillset of the team, and the team’s ability to deliver timely and accurate financials are table stakes. Post investment, institutional investors immediately expect the Finance & Accounting organization to serve as a value driver for the business with clean data and KPIs and the ability to provide strategic direction to the CEO, investors, and the board. What is consuming the CFOs time and preventing them from executing on the CEOs vision?
