Information Integrity Still A Concern: 2009 Technology Issues Survey

Information integrity has been viewed as a top area of concern for the past three technology issues surveys conducted by Financial Executives Research Foundation. The most critical technology issue is the need to improve data quality to improve the accuracy and consistency of financial reporting, according to the Technology Issues for Financial Executives – 2009 Annual Report.

This year’s survey, was conducted for FERF by Gartner Inc., in conjunction with FEI’s Committee on Finance and Information Technology (CFIT), shows that 42 percent of IT organizations report to the CFO organization. Understanding the finance organization’s perspective of technology is critical for chief information officers and other IT leaders. However, the relationship between finance and IT remains a challenge.

This study provides insights into opportunity areas for IT to work with finance to improve the relationship and add value to the business. By helping finance executives leverage technology to better understand profitability, more easily manage performance, and improve finance process alignment with the business, IT can positively impact finance's perception of and spending levels for technology.

The Technology Issues for Financial Executives – 2009 Annual Report was sponsored by Infogix Inc. Many of the world’s largest enterprises depend on Infogix Controls to eliminate information errors. Infogix Controls are independent, automated and continuous. For more information, click here.

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