In the past, a CFO served as the reigning authority on accounting and ﬁnance. They ensured accuracy and timeliness of ﬁnancial reports, advised ﬁnancial planning, and used their knowledge of company standing to evaluate ﬁnancial strengths and weaknesses.
The FinTech revolution has shaken up the traditional role of a CFO. As their role begins to extend beyond ﬁnance, they are beginning to tackle risk management. CFOs are also facing new challenges, like working to ﬁnd and retain strong talent for their teams. Most importantly, CFOs are now expected to lead the charge into the world of automation.
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