Townsend Managing Director Dan Ellis spoke with The CFO regarding the higher level of sophistication needed from CFOs in today’s landscape and the critical role they play in the alignment of a company’s financial plans to its long-term business goals.
“These are organisations that are partnering for the first time with institutional capital. As a result, there’s a new level of sophistication being required from the financial perspective. The institutional capital wants to have reporting, metrics, and transparency so they can keep their finger on the pulse of that investment, manage it, hold others to account for it, and exit eventually for the return.”
This is an excerpt originally published in The CFO. View the full article here.
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