Oracles Stock Dip Highlights CFOs' Struggle with Economic and Security Challenges
Forbes
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Contributed by: Kate Gamble
Summary
Oracle's recent 11% stock decline underscores the challenges CFOs face in navigating a volatile economy marked by inflation and data security concerns. The Forbes Research CxO Growth Study 5.0 highlights that CFOs must now integrate financial management with broader operational areas like sales and supply chain to adapt to these challenges. Hemant Kapadia, CFO at Anaplan, emphasizes that outdated enterprise software hinders efficient decision-making by separating financial consolidation from planning processes. To enhance strategic decisions and operational efficiency, the integration of real-time financial processes is essential in modern healthcare technology implementations.
