Going Beyond the Book 2023

Going Beyond the Book 2023 | 13 [ DUN & BRADSTREET CFO OPTIMISM INDEX ] ƒ Optimism for the global macro- economic scenario stands at 37% in Q3 2023, highest in 6 quarters. ƒ Opt imi sm for the domest ic macro-economic scenario has improved significantly to 72% in Q3 2023, highest in 10 quarters. ƒ Only 9%CFOs in Industrial sector anticipate decrease in the level of financial risks to the corporate sector inQ3 2023, marking one of the lowest values since institution of index. ƒ 26% of CFOs have stated organic expansions to be their priority in the next six months, compared to 17% in Q3 2022. ƒ 42% of CFOs in industrial sector have stated reducing cost to be their priority in the next six months in Q3 2023, compared to 34% in Q3 2022. ƒ 11%of CFOshave stated reducing the leverage to be their priority in the next six months, compared to 6% in Q3 2022. ƒ 35%of CFOs have stated increase in effective portfoliomanagement to be their risk management tool in the next six months compared to 21% in Q3 2022. ƒ 18% of CFOs have stated that hedging is l ikely to another leading risk management tool to be adopted during the next six months. ƒ Only 31% of CFOs have stated increase in close monitoring of strategic accounts to be their risk management tool in the next six months compared to 44% in Q3 2022 Dun & Bradstreet