CFOs invest in tech as economic optimism sinks

Digital focus is a long-term answer to short-term pain

 

Finance leaders face tariffs, labor concerns

 

Economic optimism among finance leaders sank in the first quarter of 2025, according to Grant Thornton’s CFO survey, amid uncertainty over tariffs and labor availability. 

 
 
CFOs invest in tech
 

What's in the report?

  • Confidence in meeting labor needs, supply chain needs and cost control goals plummeted in the first quarter.
  • Despite concerns over the broader economy, CFOs continue to eagerly invest in digital transformation.
  • Improving customer satisfaction and customer relationships is a big priority in companies’ artificial intelligence initiatives.
  • Access to high-quality data remains an obstacle for companies in digital transformation.
 
 
 
 

Connect with our leaders

 
 
 
Content disclaimer

This Grant Thornton Advisors LLC content provides information and comments on current issues and developments. It is not a comprehensive analysis of the subject matter covered. It is not, and should not be construed as, accounting, legal, tax, or professional advice provided by Grant Thornton Advisors LLC. All relevant facts and circumstances, including the pertinent authoritative literature, need to be considered to arrive at conclusions that comply with matters addressed in this content.

Grant Thornton Advisors LLC and its subsidiary entities are not licensed CPA firms.

For additional information on topics covered in this content, contact a Grant Thornton Advisors LLC professional.

 

 

Tax professional standards statement

This content supports Grant Thornton Advisors LLC’s marketing of professional services and is not written tax advice directed at the particular facts and circumstances of any person. It is not, and should not be construed as, accounting, legal, tax, or professional advice provided by Grant Thornton Advisors LLC. If you are interested in the topics presented herein, we encourage you to contact a Grant Thornton Advisors LLC tax professional. Nothing herein shall be construed as imposing a limitation on any person from disclosing the tax treatment or tax structure of any matter addressed herein.

Grant Thornton Advisors LLC and its subsidiary entities are not licensed CPA firms.

 

Follow us