Read an interview with Arlen Shenkman, Senior Vice President and CFO, SAP North America.
"With technology and the role of the CFO evolving quickly, it’s important for senior financial executives to monitor trends, enhance their skills, and collaborate with their operational peers.
Financial Executives International Daily spoke with Arlen Shenkman, senior vice president and CFO at SAP North America, at the SAPPHIRE NOW and Americas’ SAP Users’ Group (ASUG) Annual Conference in Orlando, FL, about the digital transformation of finance, the key challenges facing CFOs today, and how the role of the CFO is evolving.
FEI Daily: CFOs are doing things they never could before, thanks to digital technologies, but it’s extremely difficult to keep up with the constant changes. How do CFOs keep a firm grasp on new trends and technologies?
Arlen Shenkman: I think CFOs not only need to understand the current technology their business relies on, they need to be really attuned to what their competitors are doing and with new offerings are in the marketplace. Because not only do they have an opportunity to help them change the way they operate their business, they also have the opportunity to make their job easier and give them more insight into what’s happening. I spend a lot of time thinking about how we can gain better controls of the company, and how can we get better insights into the business we’re doing." Continue reading >