A more fluid operating model that extends beyond the enterprise’s four walls is likely to be a key factor in enabling finance to play a central role in the connected markets of the future, according to EY’s report DNA of the CFO, which explores the perspectives of over 800 CFOs, FDs and other senior finance executives globally.
More than three-quarters (77%) of respondents believe that by 2025, finance IT will be cloud-native rather than on-premise; 74% believe the function will be part of a blockchain-based ecosystem.
Respondents who agree the following scenarios are likely over the next five years
Areas under threat from automation
CFOs with advanced capabilities in following areas
The most significant risks to growth