| | NOVEMBER 20224In the aftermath of the roller coaster ride of the past couple of pandemic-ridden years, organizations worldwide are striving hard to return to more sustainable and predictable operating conditions. Unfortunately, it doesn't mean returning to the old business methods. The stakes have become much higher for C-suite executives to find common ground to collaborate and contribute directly to the company's growth. But this won't be an easy path, given the unprecedented nature of the situation. Like almost all other C-suite leaders, Financial Officers are amidst herculean challenges. CFOs are against unprecedented skill shortages, labor supply, and supply chain challenges. It's no secret that financial leaders are in dire need of team members who are not only skilled in accounting, auditing, and compliance but also understand data visualization, are flexible thinkers, possess good communication skills, and, most importantly, have a lot of business sense. According to a recent Ernst & Young report, 22 percent of CFOs prioritize transforming how finance talent is recruited, retained, and developed.Beyond the typical challenges of controlling job costs and financial planning, CFOs now up against the pressure to leverage disconnected, disorderly data and embrace technology and digital transformation. The aforementioned EY report also says that 23 percent of CFOs plan to prioritize improving big data and analytics capabilities to transform forecasting, risk management, and understanding value drivers. However, having the right team with the right skill sets could be the first, most crucial step toward tackling these challenges. Given the need for savoring the technology advantage and financial expertise alike, Virtual CFOs are an elixir for many, especially in the SMEs and startups segment. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comDon't Miss Out on The Expertise+Technology AdvantageEditorial Vol 04 · Issue 5 - 1 ·NOVEMBER, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayAssistant EditorHeena Kousar NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issueEditor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Senior Designer Girish M Hari Shankar P AVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Roopalatha H Tanuja Akkanavar
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