Tag Archives: Finance Transformation

New Report on Finance Transformation From AICPA & CIMA and KPMG

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 business and support key decision-making processes that drive enterprise performance. Sadly, not all finance transformation initiatives are achieving the expected outcomes or return on investment outlined in their business cases.… Read more »

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. In today’s era of disruption and rapid technological advancement, the only way CFOs and Finance teams can ensure sustained relevance and create value across the enterprise is through innovation and… Read more »

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, critical thinking, problem-solving, leadership and emotional intelligence rather than repetitive tasks, CFOs are increasingly turning to RPA. Short for Robotic Process Automation, RPA uses software to complete repetitive, structured, rules-based… Read more »

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 decision support. Although anticipating the future is challenging given today’s fast-changing environment, looking ahead is increasingly essential. The world is far, far more complex than we think. Unknown unknowns and… Read more »

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 responsible for preparing and interpreting financial statements based on historical accounting data, but also for taking a holistic view of business performance and helping the organization move forward. Thanks to… Read more »