Stock illustration: Piecing together a business puzzle

Digital transformation and talent management are among finance executives’ top concerns this year, according to The Hackett Group’s “2022 Finance Key Issues” research.

In late 2021—admittedly, before Vladimir Putin threw the global economy into crisis—The Hackett Group conducted its annual survey asking finance executives about their priorities for the year ahead. Digital transformation emerged as their top priority, with respondents reporting that their finance teams are focused on strategically investing in technologies to reduce their department’s costs and improve its capabilities.

But technology isn’t the only area that CFOs have set their sights on. Several improvements related to finance processes and mindset also rated high. Survey respondents’ number-two priority for 2022 is to serve as a strategic adviser to the business. Number four is to “skill up and retain finance talent amid the Great Resignation.” And the number-five priority is to “foster a nimble mindset and enable finance agility.”

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