The Impact of COVID-19 on the CFO and the Finance Team
“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.
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.
This Community Research Report was created in partnership with Jedox.
Author
Former CFO, Analytics & Finance Transformation Lead, and Founder of GENCFO, Chris is also the creator of the Digital Finance Function Model. Chris specialises in guiding organisations through the shift towards digital transformation in accounting and finance, demonstrating what success looks like and providing the support needed to achieve it.