How CFOs can break habits with BI & Analytics to move away from manual work

Confessions of a CFO

CFOs in the Nordics want to be strategic.

The data says: most can’t.

Based on the report Hypergene’s Confessions of a Nordic CFO 2025, CFOs across Sweden, Norway, and Finland are feeling the pressure to lead more strategically, but face barriers like Excel dependency, disconnected tools, and late-arriving data.

Time for a change!

At Stretch Qonnect, we help finance leaders shift from reactive reporting to proactive insight. Here’s how ↓


CFO BI analytics

Key Findings from the report

The ambition is there. But the data infrastructure isn’t.

  • 70% of CFOs have approved budgets they didn’t fully believe in
  • 87% say their forecasts are frequently changed or questioned
  • 2 out of 3 CFOs make decisions based on gut feeling, not data
  • 80% still use Excel. Often in combination with multiple systems

The report is based on 438 interviews with CFOs and finance managers across Sweden, Norway, and Finland. The data was collected in September 2025 by Norstat and Syno on behalf of Hypergene.


Stretch Qonnect’s 5-step roadmap for finance BI success

This is how we help Nordic CFOs take back control and unlock value. Step by step.

1

Simplify the finance tool stack

Modern finance can’t live in 5+ systems. We integrate fragmented tools into one reliable data platform.
→ Solutions: Qlik Cloud, Power BI, SAP Analytics Cloud

2

Automate reporting and data collection

No more end-of-month chaos. Automate your data flows, pipelines and reconciliation tasks.
→ Tools: Qlik Talend Cloud, Fivetran, Microsoft Fabric

3

Build forecasting & scenario capabilities

Predict the future with data—not spreadsheets. Simulate risks, plan cash flow and align business assumptions.
→ Platforms: Jedox, SAP Analytics Cloud Planning, Qlik Predict

4

Prepare for AI by getting your data right

AI won’t work with messy data. We help you build governed models and pipelines that unlock AI-readiness.
→ Stack: dbt, Snowflake, Azure AI Foundry

5

Create a culture of self-service and data confidence

Empower your team with easy-to-use dashboards, writeback tools, and seamless Excel integrations.
→ Add-ons: Qloud Cover Spreadsheet


Why BI & Analytics is

Essential for modern finance

To become the business partner your organization needs, your finance function must evolve from data gatekeepers to insight enablers.

With the right BI, integration and planning tools, CFOs can:

  • Replace error-prone spreadsheets with real-time dashboards
  • Automate reporting and reduce time spent on manual tasks
  • Forecast and model future scenarios with confidence
  • Make data-driven decisions quickly, backed by AI and not only instinct
  • Get startted with self-service access to financial data
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