More CFOs Will Prioritize Digital Transformation in COVID-19 Recovery; Technical Skills Gap, Resistance to Change Are Barriers
Workday Global CFO Survey
CFOs identify top challenges that hinder digital finance transformation initiatives.
PLEASANTON, Calif., Sept. 23, 2020 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today released its global Chief Financial Officer (CFO) Indicator Survey, “Finance Digital Transformation,” which reveals a direct link between finance digital transformation and agile business practices, better decision-making, and more efficient reporting, planning, and financial operations—all of which organizations will need to thrive in the new COVID-19 normal.
The research, conducted during the period that COVID-19 was declared a pandemic and many companies were forced to rapidly shift to remote work, reveals that while nearly half of CFOs have not completed any digital