The Top 5 Questions CFOs Should Ask Themselves in 2022

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CFOs will face evolving demands in the coming year, and they’ll need to navigate a variety of considerations in order to grow their team’s capabilities and remain agile.

For example, the rate of innovation in enterprise resource planning (ERP) is accelerating to meet the demands of an increasingly complex world. That means finance leaders will need to think about issues such as how to wrangle the deluge of data from disparate sources, and how to consolidate their financial management systems to create valuable insights and organizational value.

Regardless of what the future holds, it’s a near certainty that finance teams will require expanded capabilities and greater integration—including extended planning and analysis (xP&A), artificial intelligence (AI), and machine learning (ML), to name a few—in order to thrive well into the future. While CFOs recognize the need for more robust tools, organizations are in the early stages of deploying the technology to realize those goals.

A Gartner report, "Predicts 2022: The Office of Finance Is Consolidating Applications to the ERP Suite," addressed some of the emerging trends that CFOs should be aware of in order to achieve the full benefits of digital transformation. Here are the top five questions they should keep

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