CFOs Plan to Invest in Technology
“When the economy reboots, chief financial officers are planning to improve their information technology systems, according to a survey by Robert Half Management Resources. When asked where they are most likely to spend when a recovery occurs, 40 percent of CFOs said IT, according to the survey of 1,400 CFOs from U.S. companies with 20 or more employees. The next most popular answers for areas of investment were new products or service lines (18 percent) and new locations or real estate (14 percent).“As companies emerge from the recession and become more profitable, they will begin to focus on shoring up critical business applications and technology infrastructure,” said Paul McDonald, executive director of Menlo Park. Calif.-based Robert Half.”
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