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Robert Half: CFOs Becoming More Involved in Technology Decisions

Robert Half: CFOs Becoming More Involved in Technology Decisions

A new Robert Half Management Resources Survey found that 44 percent of recently polled chief financial officers acknowledged they are becoming more heavily involved in decisions on the technology side of the business.

According to the survey, which elicited responses from 1,400 random CFOs from companies with at least 20 employees, 17 percent of the executives said they had become "much more involved" in such decisions over the past three years, with 27 percent saying they were "somewhat more involved."

For comparison, only 6 percent of finance chiefs said they had a smaller role in these decisions, with nearly half of the respondents experiencing no change.

"Finance executives increasingly view enhanced information technology capabilities as a route for the enterprise to achieve efficiencies and boost productivity," Paul McDonald, senior executive director of Robert Half Management Resources, said in a release. "In particular, cloud computing and business intelligence are gaining more attention from CFOs, who favor their benefits in enabling greater access to company data on a more flexible and cost-effective basis."

The Robert Half figures align with recent instances of CFOs usurping the responsibilities of the chief information officer. According to ComputerWorld, finance chiefs are becoming more strategy-focused, with many now serving in the dual CIO-CFO role.  

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