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Posts tagged as “crisis”

CFOs See Silver Linings to Coronavirus Crisis

The coronavirus pandemic has spurred sudden enhancements at U.S. organizations and pushed CFOs to reprioritize technological innovation investment decision, in accordance to a Grant Thornton survey.

The accounting agency noted that far more than sixty% of CFOs cited enhanced versatile and distant get the job done environments as an upside of the pandemic, with 40% also noting enhanced collaboration, enhanced business processes, and an means to superior concentration on system.

Amid the shift to distant get the job done, sixty one% of finance chiefs indicated that they assume to increase investment decision in cybersecurity in the next yr. When requested to name the three most important issues facing their organizations, forty six% indicated cybersecurity risks, forty six% selected technological innovation upgrades, and 30% explained distant workforce difficulties.

Fifty-three p.c of respondents are prioritizing extended-time period foundational technological innovation infrastructure investment decision over technological innovation that addresses quick business demands (forty

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