Chicago CFO Inner Circle

In 2024, top finance leaders are revisiting established strategies to better align with the rapidly evolving future of finance. According to Gartner research, CFOs consider successful transformation the most critical factor for success this year; however, most transformation efforts are going slower than expected and not providing expected value. Effectively implementing new technology, like Generative AI, stands as a crucial element in the majority of transformation initiatives for CFOs this year.

Finance leaders are also working to identify and dismantle outdated functions while elevating new tech-forward sub-functions. The involvement of key decision-makers and the definition of their roles are critical considerations, shaping the overall efficiency of financial strategies in a rapidly evolving business landscape. Navigating through an uncertain growth outlook in 2024, CFOs must strategically position their organization to make room for strategic investments, streamlining obsolete systems and enhancing efficiency.

Join your peers to discuss what strategies CFOs are deploying to transform finance in 2024:

Topic 1: Modernizing Finance Capabilities Through Function Optimization

• How do you identify and dismantle outdated functions hindering operational goals?
• When do you elevate new sub-functions, such as finance IT, to address strategic priorities and bolster the future of finance?
• What data is most important to consider when analyzing each function and its capabilities?

Topic 2: Leading Through Transformation and Technology Implementation 

• What specific steps are you taking to expedite and enhance the pace of your transformation efforts?
• How are you fostering adaptability within your finance team to stay ahead of emerging trends and technologies in the financial landscape?
• How are you tracking value realization efforts on existing technology transformation initiatives? Who do you partner with in decision-making, and who owns implementation processes?