Five key FinTech advances helping CFOs deliver more value

Last updated: 03 September 2025

FinTech advances benefitting CFOs: at a glance

• What do I need to know? Advances in technology can significantly aid CFOs as they seek streamlined ways to improve profitability.
• What does it mean for me? Using the right combination of tools can help you build trust and credibility without adding complexity.
• Why does it matter? Making the right investments in financial technology is important as economic unpredictability becomes the new standard.

CFOs and Finance Directors are responsible for driving down costs, making informed decisions, and finding new ways to create value. But the current economic environment doesn’t make this straightforward.

Fortunately, the recent explosion in Financial Technology companies (FinTechs) has given CFOs more tools than ever to achieve their goals.

In this article, you’ll discover the five advances in FinTech that have equipped senior finance leaders to deliver even more value at a challenging time for small businesses.

Five advances in FinTech helping CFOs add value

1. Cloud accounting

Cloud technology has unlocked efficiency and visibility in the finance function. With access to richer and more granular datasets, CFOs can now enjoy a more comprehensive view of their company’s financial health.

Software from providers such as Sage provide CFOs with access to payments, payroll, and operations information with a few clicks. This makes it easier than ever to share compelling narratives with the board, allowing for the development of more informed strategies.

2. Invoicing and cash flow

As many as 82% of small businesses fail due to cash flow problems. But FinTechs have drastically improved cash flow forecasting tools, as well as providing easier access to financing than ever before.

For example, platforms such as MarketFinance and Funding Circle provide CFOs with user-friendly designs. Applications can take minutes, rather than days, saving valuable time for finance leaders to invest elsewhere.

3. Simplifying expense management

Expenses can cause all sorts of problems for finance teams, especially as businesses scale their teams. But thanks to new solutions, CFOs can view all company expenses in one place, in real time, removing unnecessary paperwork.

CFOs can monitor and categorise purchases to better track and manage spending. And smart debit cards give staff the ability to make controlled payment in just a few clicks. Employees can log digital receipts with smartphones, automating expense management processes.

4. Enterprise Resource Planning

Enterprise Resource Planning (ERP) platforms provide CFOs with seamless integration of CRM, accounting, HR, Inventory, and Order and Supply Chain Management systems.

When set up correctly, this gives business leaders a single view of internal operations. Data can then help senior stakeholders to understand how the company is working together to achieve shared goals.

5. Capitalising on the potential of cash reserves

In the face of geopolitical and economic uncertainty, businesses have increased their cash reserves.

According to the HEC Paris business school, businesses worldwide hold as much as $8tn (£6tn) in cash reserves as of 2025.

Effective management of rapidly increasing cash reserves is imperative. CFOs that can both increase the protection of cash reserves, and build its value through generous interest, are well positioned to gain significant credibility.

How Flagstone helps CFOs capitalise on cash

Savings platforms like Flagstone make cash management across multiple accounts easy for time-poor CFOs. Spread between several accounts, each paying high levels of interest, corporate cash reserves can outpace inflation and benefit from FSCS protection.

With consolidated statements and an annual interest summary for tax reporting, CFOs and Finance Directors are increasingly turning their cash into an asset for their businesses.

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