CFO role

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  • CIO vs. CFO: Surveys debate who's in charge of IT

    Posted September 28, 2011 - 8:57 am

    Hang on a minute. Last I checked, most CIOs had authority over the IT spending in their organizations, and a majority of you (68 percent) were members of the C-suite’s executive committee. That’s data drawn from a survey of 729 IT leaders one year ago in our annual State of the CIO survey.

  • A shift to CFOs in calling tech shots

    Posted July 7, 2011 - 6:58 pm

    Corporate finance chiefs indicate that they have an increasingly more powerful role in making technology investments -- in many cases supplanting the role of the CIO -- new research is showing.

  • CIOs losing control of IT, survey finds

    Posted July 7, 2011 - 6:05 am

    In an increasing number of organizations, the CIO is not the person who decides what IT projects should get investment. That job now belongs to the CFO.

  • Mobile technology: Recognizing the risks

    Posted June 2, 2011 - 8:40 pm

    As if finance executives didn't have enough internal control issues to keep them awake at night, Visa's recent investment in mobile credit card merchant Square could bring more headaches.

  • Caution CFOs: Breach Ahead

    Posted June 2, 2011 - 8:38 pm

    On Saturday, May 21, Lockheed Martin detected a significant and tenacious attack on its information systems network. The company's information security team ... took aggressive actions to protect all systems and data. As a result of the swift and deliberate actions... our systems remain secure; no customer, program or employee personal data has been compromised.

  • Finance's role in controlling use of SaaS

    Posted April 4, 2011 - 7:42 pm

    When it comes to the decision whether to subscribe to a software-as-a-service (Saas) approach for certain IT functions, finance is where the buck should stop. Having data exist outside the organization can pose challenges to compliance, governance, and business intelligence -- all areas where the CFO rules.

  • When the CIO is also the CFO

    Posted March 14, 2011 - 11:32 am

    IT exec Jeremy Hopkins has a bit more on his plate these days than some of his colleagues in high tech. Hopkins is the CIO at World Telecom Group in Malibu, Calif. And he's also the CFO.

  • Teaching CFOs the language of IT

    Posted March 14, 2011 - 11:29 am

    In college, my French professor often said, the only way you're going to truly learn this language is if you go and live in a French-speaking country. The same may seem to apply to communication between finance and IT.

  • Informatica CFO Fry sees a cloud bringing IT, finance closer

    Posted March 3, 2011 - 9:44 pm

    Earl Fry thinks of himself as the next generation of financial executive. As CFO for data integration software and services firm Informatica, NASDAQ traded as INFA, he not only oversees IT, but is compelled to be an active participant in the organization's technology decisions.

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