Workday Partner Tips: Top Focus Areas for CFOs During COVID-19

Workday Partner Tips: Top Focus Areas for CFOs During COVID-19

Welcome to the Workday Partner Tips series. In this series, we’re sharing content from our partners that provides actionable guidance on managing your business and taking care of your workforce both during and in the aftermath of the COVID-19 pandemic. 

In this article, we look at Deloitte’s “Managing through COVID-19: Six imperatives for CFOs,” and hone in on three of the areas that can help CFOs protect their company and workforce.

Align with HR and IT

The number one imperative on the Deloitte list for CFOs is to understand the impact of this (and other) crises on their organization’s employees and their families, and to make plans to virtualize the business. Of course many companies have been forced to do this already, but others may still be in the early stages of virtualization,  depending on factors such as where their operations are located. What’s more, workplace experts predict one of the legacies of COVID-19 is that remote work will continue on in some form to a much greater degree than it has in the past after the pandemic is over. 

This means CFOs shouldn’t necessarily consider remote work as a short-term situation.  And if they haven’t already, they need to

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