The Power of AI in Financial Planning and Forecasting
New technologies can dramatically improve finance processes, making them faster and more accurate, so that CFOs have better insights about what’s coming.
Chief financial officers must focus on driving transformation within the finance group while orchestrating the function’s everyday activities. Our CFO insights and corporate finance insights help them master both challenges.
The CFO agenda has evolved, with CFOs’ priorities reflecting a shift from business partner to value driver. They're increasingly called upon to make a significant contribution to their company’s strategic direction.
Our CFO insights and corporate finance trends draw on BCG’s extensive experience in CFO strategy and finance function excellence, helping these teams achieve the highest standard of performance, efficiency, and impact.
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Transform with AI | Evolve the Function | Win Your CFO Tenure | Build Your Capabilities | Cultivate Talent
GenAI has reached the finance function. To adopt and scale its use quickly and effectively, CFOs need to understand the potential impact it can have on their function and priorities.
New technologies can dramatically improve finance processes, making them faster and more accurate, so that CFOs have better insights about what’s coming.
Now is the time for CFOs to learn about the most impactful applications of generative AI and prepare to capitalize on emerging capabilities.
Personalization represents a $2 trillion opportunity. BCG's new book offers valuable insights for CFOs, highlighting the pivotal role you play in driving your company's success and securing a share of this personalization prize.
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A CFO’s strategy often revolves around one priority: deliver value. This may come as a surprise to those who still view a CFO’s priorities as being driven entirely by other executives’ value-creation objectives, but times have changed. The CFO agenda has expanded.
Focus less on rigid details and more on flexible, tech-powered planning.
Sustainability has become inseparable from financial success, making finance leaders key players. Only they can hardwire this new priority into steering and performance management.
CFOs are no longer “the numbers person”—they are strategists and value creators in their own right. The CFO agenda must reflect their organization inside and out, and be shaped by both strategic priorities and financial performance.
By demonstrating results early, new CFOs facilitate their longer-term strategy and transformation efforts, paving the way for growth.
A successful tenure begins with getting to know the finance function and establishing a vision to guide value creation.
Finance Function Excellence
Finance functions must take on a demanding new role and become strategic partners to help organizations stay ahead of the competition and fulfill their missions.
Our insights help CFOs build the capabilities necessary to transform the finance function. Explore more.
Companies are extending the art of what’s possible by achieving a quantum leap in reporting via systematic reframing and approaching reporting from new perspectives.
To help companies satisfy growth-minded investors, we outline best practices for the basic disciplines of capital allocation—strategic budgeting, project selection, and investment governance.
Contrary to what skeptics believe, it’s not necessary to go all in when applying agile methods. A selective approach can promote efficiency and effectiveness.
Recent failures highlight the importance of building resilient approaches to financial risk management.
A successful CFO agenda hinges on attracting and retaining people with digital, functional, and transformational skills. Learn more about the impact the right talent can have.
The mandate for finance is evolving from simple bookkeeping to serving as a trusted business partner. To succeed, CFOs must develop their current workforce and recruit talent from new sources.
Companies can use the disruptive power of gender diversity to elevate innovation, resilience, and financial performance to new levels.