Generative AI in the Finance Function of the Future
Now is the time for CFOs to learn about the most impactful applications of generative AI and prepare to capitalize on emerging capabilities.
Chief financial officers must focus on driving transformation within the finance group while orchestrating the function’s everyday activities. Our CFO insights and corporate finance insights help them master both challenges.
The CFO agenda has evolved, with CFOs’ priorities reflecting a shift from business partner to value driver. They're increasingly called upon to make a significant contribution to their company’s strategic direction.
Our CFO insights and corporate finance trends draw on BCG’s extensive experience in CFO strategy and finance function excellence, helping these teams achieve the highest standard of performance, efficiency, and impact.
Jump to topic:
Transform the Business | Work Across the C-Suite | Win Your CFO Tenure | Build Your Capabilities | Cultivate Talent
CFOs are uniquely positioned to lead transformations, not only within their function—for example, by leveraging GenAI—but also across the business. Here’s where they can drive change.
Now is the time for CFOs to learn about the most impactful applications of generative AI and prepare to capitalize on emerging capabilities.
Sustainability has become inseparable from financial success, making finance leaders key players. Only they can hardwire this new priority into steering and performance management.
The best approach to zero-based transformation comes from treating all spending as investment and making the CFO a key strategist for generating value.
In a recent interview with BCG, Workday’s CFO Barbara Larson and CSO Pete Schlampp shared insights on navigating today’s tricky terrain.
CFOs’ priorities are focused, to a large extent, on working across the C-suite to achieve their value creation objectives. Our CFO insights can show you the way.
CMOs can’t afford to work in a silo. They need buy-in from the rest of the C-suite. Marissa Jarratt, head of marketing and sustainability at 7-Eleven, talks with BCG's Lauren Weiner about the power of collaboration.
A good measurement system requires transparency, clarity, and ease of interpretation.
A CFO’s strategy often revolves around one priority: deliver value. This may come as a surprise to those who still view a CFO’s priorities as being driven entirely by other executives’ value-creation objectives, but times have changed. The CFO agenda has expanded.
By demonstrating results early, new CFOs facilitate their longer-term strategy and transformation efforts, paving the way for growth.
A successful tenure begins with getting to know the finance function and establishing a vision to guide value creation.
Finance Function
Finance functions must take on a demanding new role and become strategic partners to help organizations stay ahead of the competition and fulfill their missions.
Our insights on corporate finance trends help CFOs build the capabilities necessary to transform the finance function. Explore more.
Contrary to what skeptics believe, it’s not necessary to go all in when applying agile methods. A selective approach can promote efficiency and effectiveness.
Recent failures highlight the importance of building resilient approaches to financial risk management.
A successful CFO agenda hinges on attracting and retaining people with digital, functional, and transformational skills. Learn more about the impact the right talent can have.
The mandate for finance is evolving from simple bookkeeping to serving as a trusted business partner. To succeed, CFOs must develop their current workforce and recruit talent from new sources.
Companies can use the disruptive power of gender diversity to elevate innovation, resilience, and financial performance to new levels.