The Impact of COVID-19 on the CFO and the Finance Team

The COVID-19 pandemic has changed the world, but recovery is beginning. What lessons have we learned, and how can we use them to build a more resilient future?

“We need to closely monitor our finance team members to ensure they do not become over-stretched.”

It is quite clear that, regardless of size, industry and geographical location, the crisis has impacted everyone. For the majority, this has been a high impact.

In many respects, organisations as a whole have coped well with the extreme stress put on them. The challenge comes as Government support reduces and recovery begins in earnest.

In this quarter’s cutting-edge report, GENCFO dives deep into the impact of COVID-19 on the CFO and the Finance Team.
 

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So... what can you learn from this report?

  • Understand how crucial planning is, especially as the pandemic exposed gaps in our financial strategies.
  • Explore how we've adapted and changed our behaviours to navigate the challenges of the pandemic.
  • Recognise the goals and actions of your finance teams.
  • Uncover why digitisation makes your finance team more effective and resilient.
  • Embrace how your organisation needs to be wary of the mental fitness of your finance teams at this critical time. 

How can you access our Community Research reports?

If you are a GENCFO Pro or Exec member, you can access this community research report and many others reports on our Community Platform.

Thanks to our Members!

We thank everyone who took time out of their busy schedules to complete the survey, helping us understand the issues that are currently being faced in the field. We would also like to thank Jedox for sponsoring this research.

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This Community Research Report was created in partnership with Jedox.

Author

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Christopher Argent, Founder & MD, GENCFO
GENCFO Team

“Chris Argent isn’t here to play by finance’s old rulebook - he’s here to rewrite it.” From challenging outdated corporate thinking to rallying finance leaders around a more connected, adaptable future, the founder of GENCFO is leading a quiet revolution in how CFOs and finance leadership work, think, and influence. Chris Argent, founder of GENCFO, is a finance leader redefining the role beyond business partnering. A self-described “reluctant accountant,” he’s built a global community for progressive accounting and finance leaders who value connection over competition and action over tradition. Chris believes the greatest risk to the profession is clinging to outdated norms, and that mindset and adaptability outpace any technological change. His work champions leaders who turn new ideas into real-world change, blending people-centred strategies with new ways of working and technology. In conversations, he challenges, provokes, and inspires - proving that the future of finance belongs to those ready to lead it together.

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