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Hexagon to Separate Octave Business Unit Ahead of Spin-off
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Heartspace News Desk
•Source: Dagens industri
Photo by Carlos Esteves on Unsplash
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Key takeaways
- In a sponsored content piece, SD Worx executives discuss the evolving strategic role of the Chief Financial Officer (CFO)
- Erika Rönnquist Hoh, Sweden Manager at SD Worx, highlights that today's CFO is a crucial leadership team member, instrumental in driving both transformation and business growth, moving beyond traditional financial reporting
- The article stresses the necessity of robust system support for effective strategic decision-making
In a sponsored content piece, SD Worx executives discuss the evolving strategic role of the Chief Financial Officer (CFO). Erika Rönnquist Hoh, Sweden Manager at SD Worx, highlights that today's CFO is a crucial leadership team member, instrumental in driving both transformation and business growth, moving beyond traditional financial reporting.
The article stresses the necessity of robust system support for effective strategic decision-making. Commercial Director Patrik Vesterberg advises that businesses should integrate specialized, best-in-class systems for each functional area, rather than opting for a single, compromise solution. This integrated approach optimizes information flow and enhances efficiency through automation. Furthermore, the piece suggests that outsourcing functions such as payroll enables CFOs to dedicate their time to more strategic, high-value initiatives. Referencing the "HR & Payroll Pulse 2025" report, the article indicates that a substantial number of Swedish companies have achieved cost savings through payroll outsourcing, reinforcing the critical need for a strong data foundation to inform future strategies.
Related Topics
HexagonOctaveSpin-offALISIGETQBusiness Unit ReportingRestructuring
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