The view of IT as ‘just another expense’ that seems to be widely held among chief financial officers is changing, according to Gartner. The research firm found that CFOs are now starting to understand that IT can help the wider business and are investing in technology.
Both share the common objective of growing the business, but rifts between CIOs and CMOs are commonplace -- the result of misconceptions and outdated, stereotypical views about the other’s priorities. One is seen to have a short-term focus, the other long-term. One is the left brain of the organisation, the other the right.
I have nothing against CFOs. It's a tough position with a lot of pressures that can easily be misunderstood. That being said, it is the money people who generally stand in the way of engineers and technologists and the spending required to accomplish great things with IT.
The CFO as Technology Evangelist is a research report commissioned by Oracle and Accenture, in collaboration with Longitude Research, that explores how modern CFOs and finance executives are adopting emerging technologies within their finance functions to enable the development of new capabilities and to transform the role of finance.