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