You’re watching a top moment from the Automating Finance Battleground which premiered in October 2021. As part of the Future Office of the CFO program, the Automating Finance Battleground brought together top analysts, finance leaders, and technology experts for a digital event covering automation strategies to streamline the finance department.
0:08 – Aaron Back shared the need for CFOs to step in as peer leaders – breaking silos and collaborating with other business areas like operations. If they don’t, it can create blinders between their department and impact implementation throughout the business.
0:51 – Kenny adds that as a CIO himself, he’s noticed a tendency for departments to become siloed. Oftentimes, departments will use a tool differently, and therefore set up the tool to fit their unique needs. Having a cohesive plan, especially when establishing a new organization-wide tool, is key for breaking silos and department disparity.