Limited Staff Leads to Limited Apps

Or so little staff. Or too many other priorities. Just over half (51.9%) of respondents to the ninth annual Technology Issues for Financial Executives survey, released in July, said their companies are limited in their ability to build or buy new applications. The report, conducted by the Financial Executives Research Foundation and Computer Sciences Corp., looks at the top technological issues impacting CFOs and their deputies. The top obstacle to application development or acquisition, from the number-crunchers' perspective, had nothing to do with technology. Forty-five percent of respondents said limited personnel resources prevented building or bringing in new tools. But at least they're keeping at it: Only 6.6% said that past failures prevented them from trying again.