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CFO 2024 Strategies

Uncovering Solutions and Overcoming Missed Opportunities

The most common priorities of CFO 2024 include:

  • Talent Attraction and Retention: Balancing talent needs amid a shortage in key roles.

  • Improving Personal Effectiveness: Enhancing personal effectiveness amid disruptions and expanded responsibilities.

  • Maximizing Returns: Focusing on returns through reinvention and fixed income streams.

  • Departments Collaboration Improvements: Driving innovation and growth through cross-departmental collaboration.

  • Addressing the Talent Gap: Enhancing skills in data, analytics, and interpersonal aspects.

  • Navigating the Future: Prioritizing agility and resilience across company endeavors.

  • Investing in Employee Support: Empowering employees through career growth, development, and motivation.

Strategic Solutions for Planning, Reporting and Collaboration Initiatives

For team and process management tools, our winner is YouTrack, which closely rivals Azure DevOps but offers a more cost-effective solution. Both platforms provide knowledge-sharing solutions out of the box at no additional cost. In contrast, Atlassian requires an additional payment for Confluence and starting February 15, 2024 will discontinue on-premise server support.

Despite the availability of reports and KPI metrics on various platforms, organizations still face challenging and time-consuming data analysis for decision-making. These platforms lack essential features for real-time root cause analysis and actionable insights. OYO AI resolves this by seamlessly integrating with your planning and management solutions, providing out-of-the-box actionable insights for incremental improvement in business value delivery. Moreover, OYO AI nurtures the growth of high-performing teams by enhancing agility and fostering improved collaborations between business and development stakeholder groups.

Sources

Financial Outlook 2024: CFO Survey Findings & Growth Strategies

Top 10 CFO Priorities for 2024  

What’s important to CFOs in 2024 

Top 5 Finance Trends and Priorities for CFOs in 2024