The CFO Code: Perfios’ Prashant Mahagaonkar On Balancing Founder Ambition With Financial Discipline
Getting an acquisition across the finish line can take months of negotiations, due diligence, paperwork and financial scrutiny. But closing…
Integrating acquired businesses is a critical aspect of a CFO's role, requiring the finance leader to evaluate which parts of the acquired company should be fully integrated, which should maintain independence, and how each entity can contribute to the broader ecosystem. This process must be done while ensuring compliance with regulatory and reporting requirements.
However, the integration of people and cultures is often overlooked, as acquisitions can lead to redundant roles and overlapping functions. A CFO must be involved in discussions to help build a cohesive organization. The role of the CFO has evolved beyond financial oversight, now encompassing strategic decision-making, including capital allocation.
With the rapid pace of technological change, CFOs must scrutinize technology spending and ask harder questions about how investments will contribute to a company's growth.
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