How CFOs, AI, and Corporate Performance Management are redefining finance

How CFOs, AI, and Corporate Performance Management are redefining finance

Today’s CFOs are becoming transformation leaders and business partners driving strategy and innovation. 

CFOs who embrace this shift, manage the change within their organizations, and build digital fluency, ESG expertise, and strategic agility will shape the future. 

Getting beyond the AI-hype 

AI is present in many conversations, but its actual usage is less prevalent. Abramson was asked, what is the reality today? 

Abramson noted that while AI is promising, its use in finance is being deployed cautiously due to concerns about security, compliance, and governance. She emphasized Wolters Kluwer’s ‘AI you can trust’ responsible AI approach, which prioritizes ethics, compliance, and business value in all AI solutions. 

Expert AI is embedded throughout the CCH® Tagetik Intelligent Platform, enhancing forecasting, automation, and insights, while always prioritizing governance at its core. Wolters Kluwer CCH Tagetik reinvests 16% of its annual revenues in R&D, ensuring the platform evolves in line with the market, rather than just reacting to it. This investment enables the company to anticipate the next steps, particularly in areas such as AI, ESG, and SAP BFC replacement.

Empowering French companies to modernize finance operations with future-ready solutions 

The French market is strategic for CCH Tagetik, Wolters Kluwer’s AI-enabled Corporate Performance Management (CPM) platform. It has been an established presence in the French market for more than 15 years.  

Today, nearly half of the CAC40 companies (benchmark French stock market index) use CCH Tagetik, which reflects the trust and relevance of the platform. This is important, because the France market is facing real pressure to modernize. With legacy consolidation solutions like SAP BFC and HFM reaching end-of-life, CFOs must look for scalable, future-ready alternatives. 

To date, CCH Tagetik has completed about 58% of consolidation software replacements in France, while 79% of French enterprises with over 1 billion in revenue have yet to start their replacement project. The business has built deep expertise in this space and proudly names large customers such as Airbus, Safran, Legrand and Pernod Ricard and Danone. 

As part of the conference, CCH Tagetik held two workshops presenting how their client, InVivo, improved their financial processes after replacing SAP BFC by CCH Tagetik. Arnaud Vernisse, Group CFO in charge of transformation for InVivo stated: “We chose CCH Tagetik because we wanted a unified platform and for all our entities to speak the same language. We wished for a tool easy to manage internally, without code, and capable of integrating new technologies such as AI and new regulatory requirements: Pillar 2 and ESG reporting, for instance.”  

Abramson closed by explaining how customer partnerships extend far beyond solution implementation, to focus on building long-term value. By combining innovation with a history of working in highly regulated environments, Wolters Kluwer understands the climate in which CFOs operate today. 
 

“We’ll continue to invest, evolve, and lead, because transformation is in our DNA.” 

Conference Takeaways for CFOs 

Across all sessions, three themes emerged: 

  • CFOs sit at the center of corporate transformation. 
  • AI is advancing, but governance, trust, and value creation matter most. 
  • The French market is a proving ground for future-ready finance modernization. 

Learn more about how Wolters Kluwer is shaping the future of finance with CCH Tagetik here


See Wolters Kluwer’s latest video describing the new CCH Tagetik with Expert AI presented at Future of Finance here. 

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