Connected Finance: Bridging the Cash Flow Disconnect
Leading Chief Financial Officers are investing heavily in the finance tech stack, and those CFOs are consistently viewed as enterprise value creators, trusted strategists, and drivers of profitability and growth by their CEOs.
That’s one of the key takeaways from a survey of more than 180 CFOs, CEOs, and other top-level executives conducted earlier this year by CFO Dive, a leading provider of in-depth financial news and analysis. Tesorio sponsored the survey along with Tipalti.
Meanwhile, according to Gartner research, 93% of senior finance leaders were aligned on their vision for the finance function in 2025. Those leaders expect to see a function that is leaner, with fewer employees, and more data-driven—however, only 39% of finance leaders said that their previous transformation efforts delivered the expected benefits to finance, and even fewer, 36%, reported tangible business benefits.
As finance departments are becoming more technology-enabled, the role of the CFO is changing. While their traditional role as stewards of their company’s finance and accounting operations isn’t going away, chief executives are making it clear that they want more from finance leaders. In the survey, more than two-thirds said they want their CFO to go above and beyond the typical stewardship and accounting tasks and become more of a strategist on how to grow the business.
What the CEOs are saying, in essence, is they want a CFO who can create a culture of cash flow performance.
Too many finance teams are still using time-consuming manual processes and spreadsheets to manage cash flow from AR to AP to forecasting and everything in between. The result? A lot of manual effort, and an alarming lack of cash flow visibility, control, and predictability—something we call the “cash flow disconnect.”
To get rid of this disconnect, finance teams need the same types of specialized tools that Marketing and Sales departments have had for years to streamline their process, gain real-time insights, make better decisions, and take better actions. They need to connect people and data to make cash flow predictable. And a connected finance team needs a platform for cash flow performance.
That’s exactly what we created at Tesorio. Our Cash Flow Performance Platform provides an easy-to-read dashboard where teams can see everything they need to know about their company’s cash flow performance, whether it’s last year, this week, or the next quarter. The tedious and error-prone direct method cash flow forecasting process is replaced with a dynamic working environment where real-time decisions are made based on real-time cash flow data.
Tesorio’s interface is role-based and customized to each of your team members, so everyone sees exactly what matters to them. It’s a collaborative workspace where you can connect with others on your team, colleagues in your company, and your customers.
Another key finding of the survey is that managing cash flow is a top priority for all respondents, but CFOs who see themselves as drivers of value revealed that they have different priorities from other finance executives. When asked about their top priority for the next 12 months, digital transformation came first.
Those CFOs, the ones intent on creating a culture of cash flow performance, are the people we work with every day. They tell us that they don’t need a platform that simply automates the work their teams are already doing. They need a platform that lets them achieve a whole new level of financial insight and control. We’ve listened to them, and we’ve designed Tesorio with them in mind.
CFOs are Driving Business Value
Learn how today’s strategic leaders are transforming their financial operations.