Benchmark Yourself

Take Maximor’s quick CFO Benchmarking Survey in under 3 minutes to see how you compare on:

Time spent on strategic vs. operational work

Efficiency of close and reporting cycles

Use and impact of AI across finance processes

Question 1

of 16

Approximately what percentage of your time is spent on day-to-day operations?

10 to 25%

26 to 50%

51 to 75%

76% or more

Continue

Question 1

of 16

Approximately what percentage of your time is spent on day-to-day operations?

10 to 25%

26 to 50%

51 to 75%

76% or more

Continue

Question 1

of 16

Approximately what percentage of your time is spent on day-to-day operations?

10 to 25%

26 to 50%

51 to 75%

76% or more

Continue

Question 2

of 16

Approximately what percentage of your time is spent on day-to-day operations?

10 to 25%

26 to 50%

51 to 75%

Continue

Question 2

of 16

Approximately what percentage of your time is spent on day-to-day operations?

10 to 25%

26 to 50%

51 to 75%

Continue

Question 2

of 16

Approximately what percentage of your time is spent on day-to-day operations?

10 to 25%

26 to 50%

51 to 75%

Continue

Question 3

of 16

On average, how many days does it take your finance team to complete the month-end close?

5 or less days

6 to 10 days

More than 10 days

Continue

Question 3

of 16

On average, how many days does it take your finance team to complete the month-end close?

5 or less days

6 to 10 days

More than 10 days

Continue

Question 3

of 16

On average, how many days does it take your finance team to complete the month-end close?

5 or less days

6 to 10 days

More than 10 days

Continue

Question 4

of 16

Thinking about today's macroeconomic environment, what is placing the most financial pressure on your company?

Higher working capital requirements due to supply chain volatility

Driving growth while maintaining margins

Hiring and retaining strong talent

Longer customer payment cycles

Slow operational velocity

Optimising costs

Rising cost of debt service due to high interest rates

Inflationary pressure on operations

Audit and compliance requirements

Geopolitical and trade uncertainty

Continue

Question 4

of 16

Thinking about today's macroeconomic environment, what is placing the most financial pressure on your company?

Higher working capital requirements due to supply chain volatility

Driving growth while maintaining margins

Hiring and retaining strong talent

Longer customer payment cycles

Slow operational velocity

Optimising costs

Rising cost of debt service due to high interest rates

Inflationary pressure on operations

Audit and compliance requirements

Geopolitical and trade uncertainty

Continue

Question 4

of 16

Thinking about today's macroeconomic environment, what is placing the most financial pressure on your company?

Higher working capital requirements due to supply chain volatility

Driving growth while maintaining margins

Hiring and retaining strong talent

Longer customer payment cycles

Slow operational velocity

Optimising costs

Rising cost of debt service due to high interest rates

Inflationary pressure on operations

Audit and compliance requirements

Geopolitical and trade uncertainty

Continue

Question 5

of 16

How often have your ideas been adopted by company leadership as strategic initiatives?

As often as I'd like

A little less often than I want

A lot less often than I thought

Never

Continue

Question 5

of 16

How often have your ideas been adopted by company leadership as strategic initiatives?

As often as I'd like

A little less often than I want

A lot less often than I thought

Never

Continue

Question 5

of 16

How often have your ideas been adopted by company leadership as strategic initiatives?

As often as I'd like

A little less often than I want

A lot less often than I thought

Never

Continue

Question 6

of 16

Which of the following tasks do you find most time-consuming in your role as a CFO? Please select all that apply

Coordinating with other departments

Planning and forecasting

Preparing reports

Analysing cashflow

Attending meetings

Reviewing performance metrics

Other

None of the above

Continue

Question 6

of 16

Which of the following tasks do you find most time-consuming in your role as a CFO? Please select all that apply

Coordinating with other departments

Planning and forecasting

Preparing reports

Analysing cashflow

Attending meetings

Reviewing performance metrics

Other

None of the above

Continue

Question 6

of 16

Which of the following tasks do you find most time-consuming in your role as a CFO? Please select all that apply

Coordinating with other departments

Planning and forecasting

Preparing reports

Analysing cashflow

Attending meetings

Reviewing performance metrics

Other

None of the above

Continue

Question 7

of 16

How much do you agree or disagree with the following statement: Our finance team has embraced automation, but we still struggle with demands for custom analysis and reports.

Strongly agree

Somewhat agree

Somewhat disagree

Strongly disagree

Continue

Question 7

of 16

How much do you agree or disagree with the following statement: Our finance team has embraced automation, but we still struggle with demands for custom analysis and reports.

Strongly agree

Somewhat agree

Somewhat disagree

Strongly disagree

Continue

Question 7

of 16

How much do you agree or disagree with the following statement: Our finance team has embraced automation, but we still struggle with demands for custom analysis and reports.

Strongly agree

Somewhat agree

Somewhat disagree

Strongly disagree

Continue

Question 8

of 16

How many different Al tools are you currently using in your accounting and finance processes? Your best estimate is fine.

1

2

3 or more

None

Continue

Question 8

of 16

How many different Al tools are you currently using in your accounting and finance processes? Your best estimate is fine.

1

2

3 or more

None

Continue

Question 8

of 16

How many different Al tools are you currently using in your accounting and finance processes? Your best estimate is fine.

1

2

3 or more

None

Continue

Question 9

of 16

How much do you agree or disagree with the following statement: The biggest benefit of Al is that it allows me to spend more time on strategic work.

Strongly agree

Somewhat agree

Somewhat disagree

Strongly disagree

Continue

Question 9

of 16

How much do you agree or disagree with the following statement: The biggest benefit of Al is that it allows me to spend more time on strategic work.

Strongly agree

Somewhat agree

Somewhat disagree

Strongly disagree

Continue

Question 9

of 16

How much do you agree or disagree with the following statement: The biggest benefit of Al is that it allows me to spend more time on strategic work.

Strongly agree

Somewhat agree

Somewhat disagree

Strongly disagree

Continue

Question 10

of 16

Approximately what percentage of your accounting and finance workload is currently handled by agentic AI tools?

1 to 25%

26 to 50%

51 to 75%

76 to 100%

Continue

Question 10

of 16

Approximately what percentage of your accounting and finance workload is currently handled by agentic AI tools?

1 to 25%

26 to 50%

51 to 75%

76 to 100%

Continue

Question 10

of 16

Approximately what percentage of your accounting and finance workload is currently handled by agentic AI tools?

1 to 25%

26 to 50%

51 to 75%

76 to 100%

Continue

Question 11

of 16

By approximately how many business days do you expect Al to reduce your monthly close time?

Less than 5

5 or more

Continue

Question 11

of 16

By approximately how many business days do you expect Al to reduce your monthly close time?

Less than 5

5 or more

Continue

Question 11

of 16

By approximately how many business days do you expect Al to reduce your monthly close time?

Less than 5

5 or more

Continue

Question 12

of 16

How much do you trust Al to deliver accurate data in accounting processes?

Completely trust - 100%

Mostly trust

Somewhat trust

Slightly trust

Don't trust at all

Continue

Question 12

of 16

How much do you trust Al to deliver accurate data in accounting processes?

Completely trust - 100%

Mostly trust

Somewhat trust

Slightly trust

Don't trust at all

Continue

Question 12

of 16

How much do you trust Al to deliver accurate data in accounting processes?

Completely trust - 100%

Mostly trust

Somewhat trust

Slightly trust

Don't trust at all

Continue

Question 13

of 16

How critical is it to have human oversight ("a human in the loop") to ensure data accuracy in accounting?

Extremely critical

Very critical

Somewhat critical

Not too critical

Not critical at all

Continue

Question 13

of 16

How critical is it to have human oversight ("a human in the loop") to ensure data accuracy in accounting?

Extremely critical

Very critical

Somewhat critical

Not too critical

Not critical at all

Continue

Question 13

of 16

How critical is it to have human oversight ("a human in the loop") to ensure data accuracy in accounting?

Extremely critical

Very critical

Somewhat critical

Not too critical

Not critical at all

Continue

Question 14

of 16

Has your finance team ever encountered inaccurate or hallucinated data while using AI for finance tasks?

Yes, several times

Yes, once

No, never

Continue

Question 14

of 16

Has your finance team ever encountered inaccurate or hallucinated data while using AI for finance tasks?

Yes, several times

Yes, once

No, never

Continue

Question 14

of 16

Has your finance team ever encountered inaccurate or hallucinated data while using AI for finance tasks?

Yes, several times

Yes, once

No, never

Continue

Question 15

of 16

Which statement best describes your approach to adopting Al in accounting and finance?

I have started implementing AI in some company processes

I am exploring AI and have identified areas to begin

I have fully integrated AI into my company’s finance function

I know my company needs to embrace AI but we don’t know where to start

AI is not accurate or reliable enough for our finance needs

None of the above

Continue

Question 15

of 16

Which statement best describes your approach to adopting Al in accounting and finance?

I have started implementing AI in some company processes

I am exploring AI and have identified areas to begin

I have fully integrated AI into my company’s finance function

I know my company needs to embrace AI but we don’t know where to start

AI is not accurate or reliable enough for our finance needs

None of the above

Continue

Question 15

of 16

Which statement best describes your approach to adopting Al in accounting and finance?

I have started implementing AI in some company processes

I am exploring AI and have identified areas to begin

I have fully integrated AI into my company’s finance function

I know my company needs to embrace AI but we don’t know where to start

AI is not accurate or reliable enough for our finance needs

None of the above

Continue

Question 16

of 16

In what ways do you expect Al to benefit your company's finance function?

Improve decision-making with predictive analytics

Streamline compliance and audit processes

Enhance forecasting and scenario planning

None of the above

Other

Automate tasks to reduce manual errors and improve data accuracy

Improve reporting speed

Analyze large amounts of financial data

Free up time for strategic work

Continue

Question 16

of 16

In what ways do you expect Al to benefit your company's finance function?

Improve decision-making with predictive analytics

Streamline compliance and audit processes

Enhance forecasting and scenario planning

None of the above

Other

Automate tasks to reduce manual errors and improve data accuracy

Improve reporting speed

Analyze large amounts of financial data

Free up time for strategic work

Continue

Question 16

of 16

In what ways do you expect Al to benefit your company's finance function?

Improve decision-making with predictive analytics

Streamline compliance and audit processes

Enhance forecasting and scenario planning

None of the above

Other

Automate tasks to reduce manual errors and improve data accuracy

Improve reporting speed

Analyze large amounts of financial data

Free up time for strategic work

Continue