HR's role in financial planning: 'Supportive but minimal'

CFOs have revealed how they’re planning to turn economic uncertainty into profitability and growth – and its revealed HR are to have a supportive role in financial planning.

Despite four out of ten CFOs planning to prioritise profitability and company growth, research by Robert Half Management Resources has shown that many financial leaders are planning to do this via digitisation and specialist recruitment.

Results showed that 40% of CFOs are putting the implementation of new technologies first; whilst a third of CFOs and FDs are planning to use temporary and interim professionals for business transformation.

Phil Sheridan, Senior Managing Director at Robert Half explained to us that CFOs need to be increasingly forward-thinking: “CFOs are focused on seeking out new commercial opportunities that support growth, which means they need to embrace the potential that emerging technologies offer. The pace of change continues to accelerate rapidly and digital transformation is set to fundamentally change businesses.”