How do CFOs benefit from CPM?
Short-term pressure from regulatory and reporting requirements is increasing the stress on CFOs who are striving for faster close cycles, greater transparency into their financials, and a set of controls that have been reviewed and tested in sufficient detail to provide the comfort level necessary to sign off on results. CPM is helping financial officers look at the entire financial reporting cycle and make substantial changes to meet emerging requirements. But automation is not innovation. It is just the first step toward the broader capabilities that are much more important to the investment community. Ultimately, CFOs will benefit from CPM by being able to describe bottom-line-impacting drivers as they report actual financials in depth, and project-with increased confidence-future results under multiple scenarios. CPM’s comprehensive view of key financial and non-financial drivers, both inside and outside the organization, will help CFOs teach the investment community about the impa
