COVID-19 and the CFO

Steering finance—and the enterprise—through COVID-19

Ron Walker

Ron Walker

Finance Transformation Service Network Lead, KPMG US

+1 858-750-7057

Sanjay Sehgal

Sanjay Sehgal

Principal, Finance Transformation, KPMG US

+1 216-875-8113

The furious speed with which COVID-19 morphed from a health care issue to an economic issue has created unprecedented challenges for chief financial officers. To manage through these challenges and position their organizations for recovery, CFOs need to take decisive action now.

Employees are the first priority, of course: doing everything possible to safeguard their health and financial security is an imperative. It is not only the right thing to do, but will be critical to rebounding when COVID-19 abates. Ongoing communication will be important, too, both to minimize employees’ stress and to keep them engaged.

In conjunction with assuring that employee needs are met, CFOs must further focus on four key areas of the business.

COVID-19 and the CFO: Steering finance - and the enterprise - through the coronavirus fallout
The furious speed with which COVID-19 morphed from health care issue to economic issue has created unprecedented challenges for CFOs. To manage these challenges, CFOs are focusing on four areas of the business.

 

CFO focus areas

KPMG has identified four focus areas for CFOs as they steer finance and the enterprise through the COVID-19 environment. Click on each box to learn more. 


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