CFOs Report Owning or Co-Owning Multiple Enterprise Priorities Outside Finance with Data and Analytics the Most Common
The survey of 251 CFOs, taken in October 2024, showed multiple enterprise priorities where CFOs have been asked to assume ownership or co-ownership. There is a marked emphasis on the need for CFOs to drive stronger data and analytics strategy (D&A) for enterprise, to bolster profitability.
“For most CFOs, the responsibilities they carry beyond finance include a mix of enterprise data and analytics (D&A), enterprise risk, corporate strategy, M&A, and procurement,” said Mallory Bulman, CFO Advisory Leader in the Gartner Finance practice. “This expanded role will require CFOs to make decisive trade-offs in their own time and prioritization decisions.”
Other common roles that CFOs are increasingly overseeing include artificial intelligence, information technology, real estate, cybersecurity and environmental social governance, which will require CFOs to make better use of their time and to rely on more help from their leadership teams (see Figure 1).
Figure 1: The CFO Role Continues Expanding Beyond Finance
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Source: Gartner (FEBRUARY 2025)
“Profitable growth will always be the number one priority for CFOs,” said Bulman. “However, owning and anchoring strategic D&A to the overall business system will underscore CFOs’ ability to create a streamlined, measurable approach to tracking metrics and boosting overall enterprise performance.”