When it comes to the CFO’s role in an organization’s technology decisions, the CFO is no longer simply a contributor to financial functionality embedded within systems of record like Enterprise Resource Planning (ERP). Instead, CFOs – shaped by their widely expanded responsibilities as organizational change agents have taken on leadership roles in making decisions on technology strategy and vendor selection on systems that go far beyond finance-specific tasks such as payroll and cost accounting.

As a result, it now stands to reason that today’s CFO is now deeply involved in conversations regarding the evaluation and selection of a cloud ERP vendor in order to achieve the key business objectives now set out in the CFO’s broadened mandate. This also means a CFO has an integral role in identifying and selecting a vendor that can provide best practices for key processes, especially industry-focused best practices.

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