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One of the first problems CFOs have to face is to have

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the capabilities to prioritize and select what kind of financial and non-financial information

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are useful to target the right questions, the right issues that the business has to face.

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For this purpose, both technological competency and business analytics 

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are necessary to find and move to a new software that allows to filter and analyze data.

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In this respect there are new expertise that are rising like data scientists that are able 

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to extract the data properly and the CFO will be

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more and more the bridge between data science and managers, and this is one aspect.

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Another aspect of change is the trend in producing real time reporting, today

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there is the possibility to produce information instantaneously, in the moment in which the data is elaborated.

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The third point I would like to highlight is that the trend of being able to produce predictive data and predictive information

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able to reveal what should happen in the future is becoming more and more important for the CFO.

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Also social media plays an important role here, because the proper use 

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in producing and managing, revising and offering information 

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to managers, but also to customers and external parties, is an issue that the modern CFO has to take into account. 

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These are, I would say, the main components of new competences of the CFOs in this environment.