In the past years, finance has been undergoing significant changes in order to streamline its operations and free up more time to partner with the…
Innovation in the Finance Function
Compared to other organizational functions such as Sales, Marketing and Supply Chain, the Finance function is often lagging behind when it comes to embracing innovation.…
A Proactive Approach to RPA Adoption
In order to enable their team members to focus more of their time on higher value, higher satisfaction tasks demanding high levels of flexibility, creativity,…
The Accuracy in your Forecast Matters More than the Forecast Itself
One of the roles of the FP&A function is predicting future business performance and help business leaders prepare for an unplanned future through forecasting and…
Challenge of Finance Best Practices and What CFOs Should Do About It
The modern CFO is touted as the right hand man of the CEO, providing strategic and operational decision support. No longer is the CFO only…
Human or Machine Intelligence? Augmentation Key to Better Forecasting
Forecasting is an invaluable process for any business. A forecast can play a significant role in driving company success or failure. For example, high forecast…
Applying Design Thinking to Finance
I recently finished reading The Design of Business: Why Design Thinking is the Next Competitive Advantage by Roger L. Martin. It’s well worth reading. Even…
Finance Value Creation Goes Beyond Running the Financial Side of the Business
Advances in technology are helping the finance function reduce operational costs, streamline processes and improve productivity. Thanks to automation, tasks that used to take months…
CFOs Beware: Don’t Get Caught Up In the Hype of New Technologies
In one of my articles, Finance Transformation: From Efficiency to Effectiveness, I recommended CFOs to first identify a business problem before investing in a new shiny piece…
3 Common Pitfalls of Performance Reporting and How to Avoid Them
Recently I met up with a close friend of mine whom I hadn’t seen in a couple of years for a chat and catching up.…
