How controllers can position themselves to serve as valued strategic partners to the CFO and the business.
As CFOs continue to rearrange their priorities, controllers can expect to find their own portfolio of responsibilities expanding.
Part 1 of this article series explained why CFOs will likely place greater demands on controllers in the post-pandemic economy and listed seven opportunities that controllers can seize to extend the value they provide to CFOs and to the business. The article explored the first three of those opportunities: reporting critical metrics and value drivers of the business in near real time; rethinking disclosures to support investor decision-making; and improving capital allocation decisions and investment performance. What follows is a discussion of the four remaining opportunities.
Driving Information and Data Governance and Systems Initiatives
The opportunities for controllers to add value, whether in the areas of metrics and drivers, disclosures, or capital allocation, are