Technology is playing a big part in shaping the future of finance, and it’s having a big impact on the role of finance leaders. Our recent CFO research report highlighted some interesting patterns in how the role is evolving, and how successful CFOs are achieving a better work/life balance aided by AI and Sage Intacct..
CFOs are Embracing Digital Transformation
A striking finding from the report is that 88% of successful CFOs are already leveraging the cloud, AI and automation to optimise their financial operations. These technologies are no longer optional – they’re essential for businesses looking to stay competitive and agile in a rapidly changing economic landscape.
Moving to cloud-based finance solutions is providing finance teams with real-time data, improved collaboration and enhanced security.
“96% of CFOs anticipate significant changes in finance roles over the next three years.”
Finance Roles are Set to Shift
Technology isn’t just changing how finance teams operate – it’s redefining their roles. A staggering 96% of CFOs anticipate significant changes in finance roles over the next three years.
As automation takes over repetitive manual tasks, like data entry and reconciliations, finance professionals will shift their focus to higher-value strategic activities, such as financial planning and analysis, business intelligence, and risk management
“79% of CFOs believe that AI adoption in finance can directly contribute to revenue growth.”
AI Adoption Linked to Revenue Growth
AI-driven finance management is quickly becoming a key factor in business success. According to the report, 79% of CFOs believe that AI adoption in finance can directly contribute to revenue growth. From predictive analytics to intelligent forecasting, AI helps finance leaders make data-driven decisions with greater accuracy and speed, ultimately improving financial performance and business outcomes.
What Does this Mean for CFOs and Finance Teams?
These findings reinforce the need for CFOs to prioritise reviewing and updating their financial management solutions, so they can remain competitive, improve efficiency and maintain a better work/life balance.
Solutions like Sage Intacct, AI-driven analytics, and automation tools can enable CFOs to:
- Gain real-time insights to drive smarter decision-making
- Reduce manual processes and improve efficiency
- Enable their teams to focus on strategic, high-impact work
- Stay ahead of the curve in a rapidly evolving financial landscape
Ready to Explore Sage Intacct?
It’s clear that the future of finance is digital. CFOs who embrace the cloud, AI, and automation will be better equipped to navigate change, drive growth, and create a more agile, forward-thinking finance function.
About Acuity24:
We specialise in customising Sage Intacct to suit individual business needs and budgets, with the additional benefit of fixed price services, flexible payment options (including monthly direct debit and milestone bllling) with unlimited access to our support for 24 months post implementation.
Are you ready to transform your finance operations? Take the first step by arranging a 5 minute call to discuss your requirements or watch our Sage Intacct Overview Demo below:
