Most CFOs have their head in the cloud and are finding ways to utilize the cloud effectively

• CFOs are increasingly looking at the cost benefits of the cloud.
• The strategic reasons for digital transformation have two pieces, the finance piece and the technology piece, on which CFOs have been advising CEOs and working closely with CIOs.

CFOs help define a cloud strategy

According to Deloitte cloud adoption traditionally has been driven by chief information officers (CIOs).

But as companies explore the cloud’s various potential impacts and business uses, chief financial officers (CFOs) have an opportunity to help define and drive their company’s cloud strategy.

Specifically, CFOs are uniquely qualified to address two areas: