Search Result for 'CFOs'

...to understand at a basic level the new technology in the market and how it can be implemented to improve ...

...and specialised technological skills has become a paramount concern for CFOs in the region: 59% of Asia-Pacific CFOs are already ...

...the market. Source: Gartner 10 digital must-do for CFOs With the new advancements in technology that are coming in left ...

...and started my career as a financial system consultant. Hence, I understand the finance function and have been working with ...

...Gartner, it is important that finance leaders fully understand the scope of changes that genuine transformation requires, as it observes ...

...panel of the said study, which include accountants, auditors, CFOs, and others, as is the New Orders Index. The Capital ...

...to pre-empt fraudulent activities. With prevention a paramount priority, Kyriba has included an exhaustive fraud prevention checklist, enabling the CFO’s ...

...and consulting firm observes that finance transformation efforts are falling short of CFOs’ objectives in large part because finance leadership ...

...and retention within the finance function. It is then an undeniable fact that CFOs must face matters on sustainability and ...

...instead of weighting investments strategically). Overcoming these and other biases should be a top priority for CFOs, especially those facing ...

...its ranking of top trends and issues facing CFOs,” said Tom Hood, AICPA & CIMA’s executive vice president for business ...

...of digital technologies. The role of CFOs has shifted dramatically. Moving beyond their traditional roles in finance and accounting, it ...

...from all over the business, it’s easy to understand why auditors aren’t confident about their ability to apply assurance," says ...

In its Top 5 Finance Trends and Priorities for CFOs in 2024, Gartner says economic headwinds have forced CFOs to ...

...top factor driving retention, but there are other levers that CFOs must pull to hold on to staff.” Gartner experts ...

...strategically to be able to capitalise on that capability,” he points out. Meanwhile, to leverage investments in technology such as ...

...(pictured), Enterprise Sales Director, Southeast Asia, Airwallex shares how CFOs can create a successful embedded finance journey. David Brady, Enterprise ...

...CFOs. Leading their People: Over 40% of CFOs say it is harder to attract top financial talent today compared to ...

...and digital transformation. The central theme for CFOs is the need for finance leaders to primarily trust in their systems ...

...and employees will vary across industries, but all businesses will have to identify the right balance. FutureCFO: How should CFOs ...

...has, in fact, increased the focus on talent for SEA CFOs. In terms of their strategies to skill, reskill, and ...

...and to look at the talent’s potential. FutureCFO: What excites you the most when you work with CFOs and finance ...

...survey of 822 functional leaders, 34% of respondents identified CFOs as being involved in developing GenAI strategy for their enterprise. ...

...with economic shocks, crises, etc. ESG reporting will continue to change and be refined, given the challenges of sustainability goals. ...

...SAP, points out, saying that the right decision-making from CFOs paves way for continuous investments in growth platforms such as ...

...how CFOs can make agile budgeting effective and successful. Pannie Sia, general manager, ASEAN, Workday FutureCFO: What’s agile budgeting? Pannie ...

...this dynamic environment.  Photo by Jakub Zerdzicki This makes Enterprise Performance Management (EPM) a powerful ally for CFOs. Gartner defines ...

...surges in the coming years,” says Randeep Rathindran, distinguished vice president of research in the Gartner Finance practice.  Randeep Rathindran He ...

...with CFOs as clients. Fundamentally, we work with CFOs to find ways they can optimise their risk financing strategies through ...

...CFOs report revealed that technology is the top of the list for increased budgets in 2024, with 82% of CFOs ...

...ever, CFOs are stepping into the role as highly collaborative, cross-functional leaders who must combine technical rigour with macro strategy. ...

...CFOs, reveals that CFOs are keen to leading digital transformation efforts in the finance function in 2024. Improving finance metrics, ...

...She pointed to the UN Global Compact CFO Coalition for the SDGs as one of the best resources for CFOs ...

...landscape is witnessing a paradigm shift as technology plays a pivotal role in cash flow forecasting, leveraging vast datasets to ...

...market dynamics, FutureCFO has approached CFOs from around Asia to discover their learnings, experiences and approaches in handling the myriad ...

...pull the right cost levers. Managing expenses has become a top priority for many institutional asset management boards, chief financial ...

...challenges and how CFOs could overcome them. Nikhil Parambath, Regional Vice-President, Asia at BlackLine FutureCFO: What’s the sentiment towards GenAI ...

Chief financial officers step into the new year with strategies in mind for the benefit of their organisations as a ...

CFOs and businesses should expect higher cybersecurity risks in 2024 such as more large-scale cyberattacks on supply chains and critical ...

...challenge that CFOs face is the need to balance short- and long-term investments. According to Wong, CFOs in Southeast Asia ...

...key focus area and CFOs have a multi-faceted role to play when it comes to delivering on the organisation’s core ...

Focusing on leading transformation and culture change can enhance corporate reporting and strengthen the sustainability narrative, according to Ernst & ...

...“CFOs consistently rate talent challenges as one of their primary concerns,” said Shannon Cole, senior director analyst, research, in the ...

As part of strategising, financial leaders take the plunge to migrate finance systems to optimise operations and improve internal processes. ...

...the significance of value creation and how it can impact the business landscape of organisations. “Value, at the macro level, ...

...intuitive visualisation and self-service tools. However, only a minority of CFOs and finance leaders currently believe they have the end-to-end ...

...wheels of commerce turning. To be prepared, CFOs must keep in mind of the following for better business travel cost ...

In 2023, the top priority of CFOs was evaluating the finance function strategy, scope and design. Marko Horvat, vice president ...

Organisations that augment operations can unlock a 50% increase in worker efficiency, said IDC recently. According to the advisory firm’s ...

...and opportunities. ESG integration in finance Sustainability will be deeply ingrained in organisations’ financial foundations, with CFOs increasingly considering the ...

...its operations thanks to artificial intelligence. Financial planning and analysis (FP&A) professionals can rely less on clunky, manual labor and ...

...the months to come. CFOs must lean on a systematic phased approach to restructuring strategies for the future to be ...

CFOs, business leaders, and employers can help reduce attrition risk to less than 3% of workers when they prioritise psychological ...

...CFOs to get a one-stop credit insurance service provider to manage risks. For him, this means that the service provider ...

...unified data system. ERP systems enable CFOs to have a consolidated view of the company’s state at any point in ...

The cloud has opened new possibilities for CFOs and CIOs to think differently about their IT infrastructure, and how they ...

...vast volumes of data available, CFOs are increasingly assuming the role of data stewards. By leveraging advanced analytics and cloud ...

...survey results CFOs and finance leaders themselves are uncertain if today’s ESG reporting is communicating what is material.  For example, ...

...processes and operations. This will serve as a guide for CFOs to embrace change, prioritise cost efficiency, and stay attuned ...

...75% of CFOs cited cost control as the top priority, while in Japan, CFOs cited finding talent (48%) as a ...

...by a historically tight labour market. CFOs and finance leaders must understand how these can affect the organisation and the ...

...funds or the people themselves, it is a business imperative for finance leaders and chief financial officers to determine whether ...

...Asia Pacific region:  30% of Asia’s CFOs express confidence in the economic future, with India CFOs having the highest confidence ...

...heightened focus on data management to drive enterprise agility and real-time decision-making, CFOs are looking for ways to modernise the ...

...but also each unique vendor, department or division. Many CFOs deal with the issue of identifying stakeholders as “customers,” and ...

...The reason for this is that the role is evolving, and as technological advancements and digital transformation take up the ...

...from the institution to which the payment is being sent, as well as the lenders. Addressing constraints Metzger believes that ...

...for growth and efficiency. AI solutions serve as the backbone of this evolution, providing CFOs with the tools to deliver ...

...involve CFOs and finance teams in in emissions reduction planning. What can CFOs and finance teams do? CFOs and their ...

When it comes to cybersecurity budget, retail CFOs in Asia Pacific might have to reconsider the amount of resources allocated ...

...Young. A recent panel discussion among retail CFOs revealed a sharp focus into the changing landscape of the profession as ...

...on the agenda of Boards and CEOs, finance leaders must balance cost-control efforts against investments. Real-time payment offers several benefits ...

...they are integral components shaping organisational direction. Surveys show a growing inclination among CFOs to play a larger role in ...

...corporates as well, which could further increase borrowing costs and potentially limit access to capital markets. In dealing with this ...

“The role of the CFO has become one of the most complex and demanding in the C-suite. From financial expertise ...

...proposition. Teach and Translate: Effective communication is at the heart of the CFO’s role. The best CFOs engage in candid ...

When it comes to AI success in finance functions, there are three characteristics that the function needs to have and ...

Will you outsource cybersecurity? According to Kaspersky, more than one in two companies in Asia Pacific plan to outsource cybersecurity. ...

...and growth were cited as the top IT investment drivers in the current economic climate. With a heightened focus on ...

...leaders is quality control. The biggest daily challenge for manufacturing leaders is hitting product targets. Another big challenge is ensuring ...

...with the development of a robust emissions plan. The report also says that involving CFOs and finance teams in the ...

...and investments to safeguard at-risk operations and gain powerful competitive advantages. For this matter, CFOs can ensure key finance activities ...

...are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should ...

...encouraging news for CFOs and other finance leaders who are contemplating whether they should invest and, if so, where they ...

This IDC InfoBrief provides an overview of the challenges that CFOs and finance teams face when accelerating their digital transformation ...

...services firm Mackey, listed out six things to look out for in searching for a good fractional CFO. 1. Data ...

...investors, the CFO’s second crucial task is building proficient finance teams across various functions. These include controllership, Financial Planning and ...

...to EY's study, more than two-thirds of Southeast Asian finance leaders said their companies are willing to appoint CFOs with ...

...on how to balance short-term and long-term priorities. In the process of elevating their leadership importance, CFOs are well-positioned to ...

...Despite significant room for improvement, only 14% of CFOs in the region are making bold, holistic changes to transform the ...

...2023 survey found that 82% of respondents attributed their productivity to feeling happy and engaged at work. As CFOs are ...

...In essence, in the road to attaining the organisation's top job, CFOs must demonstrate the ability to build consensus across ...

...for cost control rather than strategic innovation. To avoid this, CFOs must work hand in hand with their companies' technological ...

...role in the last year. CFOs are currently gearing up for a global wave of ESG-related regulatory requirements, including the ...

...future of the company. CFOs must make use of their core finance skills from financial analysis to resource allocation to ...

...in determining how it can cater to the business' needs. From there, CFOs can evaluate the organisation's readiness for the ...

...growing range of risks, said Climate Bonds Initiative’s Fabrizio Palmucci. Fabrizio Palmucci According to a research by Climate Bonds Initiative ...

...CIOs and other tech leaders. In a recent McKinsey survey, 72% of CFOs said increased participation in business decision-making was ...

...CFOs expect to increase their spending on IT/digital transformation. Cost optimisation as priority The survey also revealed that CFOs continue ...

Yesterday we listed the first three key drivers of transformation success that CFOs must know according to EY. Today,  we ...

...at least three-quarters of CFOs surveyed said they have experienced at least one underperforming transformation in the last five years, ...

While cyber defence cost is increasing, just one in five cybersecurity leaders considers their organisation’s defence approach to be effective, ...

When it comes to business travel expenses, CFOs have to be aware that hotel rates likely will  continue to rise ...

There are three distinct generative AI conversations that CFOs, especially those from large enterprises, must conduct, said Gartner recently. According ...

CFOs are pressured to push mandates to cut software spend between 10% to 30%, as the current economic downturn, funding ...

...variational autoencoders and autoregressive models. Both bring in different trade-offs in training stability, sample quality, computational requirement, and interpretability. 2. ...

...prudent and sensible approach is instrumental in achieving long-term stability and growth. Relationship By fostering strong relationships, CFOs can achieve cost savings, ...

There are five generative AI use cases for CFOs, said Alexander Bant, vice president for the Gartner Finance practice recently. ...

...and developing technologies while managing spreadsheets. He suggests several strategies for CFOs to pursue including: Technology Integration: CFOs and business ...

...the organisation: Cost-effectiveness Fractional CFOs are typically hired on a part-time or project basis, which can be more cost-effective than ...

There are five challenges facing CFOs in a deadweight economy, said Gartner recently. According to the advisory firm, CFOs now ...

...their business volumes while concentrating on improving cash flow. He commented that the ability of CFOs to drive these critical ...

...CFOs are being asked to manage third-party risks that are sometimes not in their control. He added that this expands ...

...that an AI may have some bias built in, how should CFOs “vet” the technology when evaluating it as a ...

...CFOs across the globe. Ongoing aggressive interest rate hikes by central banks, and China’s weaker than expected economic recovery, have ...

...shared with FutureCFO audiences how entrepreneurship of a group of women encouraged her to become interested in finance. This interview ...

To become a value-adding CFO, one needs to adopt integrative thinking, said ACCA recently. CFOs need to change their mode ...

...benefits of cloud and create a much better customer experience.  FutureCFO: What are some of the key learnings for other ...

...CFOs put it in their top three, up from 59% in 2022. While CFOs and CEOs agree on growth as ...

...in a more modern treasury technology strategy Treasurers and CFOs report zeroing in on technology and digital innovation to improve ...

...CFO role,” Corson advised. This will help CFOs to position finance as a strategic driver of sustainable growth within their ...

Without a doubt, artificial intelligence (AI) is now a topic of interest among CFOs. How to properly channel this interest ...

...there are many benefits to transforming a business, it’s important to know when it is appropriate to execute such a ...

CFOs and business leaders need to be aware that ransomware had become the most widespread malware-as-a-Service between 2015 and 2022. ...

While 90% of CFOs and tax leaders expect a “significant” or “moderate” impact from BEPS 2.0, only 30% have completed ...

...support CFOs in building the right models for the future. Nurturing digital transformation as a leader The CFO’s leadership is ...

Technology spending in Asia Pacific will remain robust and grow by 5.8% to hit US$732 billion in 2023, said Forrester ...

What do Gen Z and millennial employees want? How can business leaders do a better job of retaining and attracting ...

...and 68% noted balance sheet health (see Figure 1). Figure 1: What Keeps CFOs Up at Night? Source: Gartner (June ...

How many enterprise technology purchases did you regret? According to a Gartner survey, 60% of technology buyers involved in decisions ...

Is cyber resilience a priority of your organisation?  According to IDC 2022 Future Enterprise Resiliency and Spending Survey, 65% of enterprises ...

...Steve Vintz, CFO, Tenable FutureCFO: What's the role of CFOs in mitigating cyber risk now? How can CFOs work with ...

...director analyst, research in the Gartner Finance practice, opines that many CFOs are ill-equipped to identify and address the rapidly ...

There are three human leadership pillars that CFOs need in the era of finance AI, said Gartner recently. These three ...

...Survey reveals that ESG metrics and measurement will be in the top 10 priorities. It also highlighted that CFOs plan ...

...operations, ACCA pointed out.  More than 100 CFOs and business leaders from around the world took part in roundtables and ...

To build an AI-driven finance organisation, CFOs should embrace AI as an organisational role rather than just a technical skill, ...

Data quality is of paramount importance to the effective use of data analytics, but it remains a tall order to ...

While organisations are recovering from business interruption and supply chain disruption brought by the Covid-19 pandemic, new emerging disruptions and ...

...According to a recent Gartner report, a majority of finance leaders surveyed believe that inflation is here to stay for ...

CFOs tend to underestimate the impact of layoffs on shareholder returns, said Gartner recently. Given a higher cost of capital, ...

...transformation initiative and why? Mike Polaha: Chief Financial Officers (CFOs) are the key players in determining the objectives and parameters ...

...Martim Rocha, global director of risk business consulting at SAS Institute, CFOs are bulwarks against unexpected events or disruption, while ...

There are nine security trends that CFOs need to be aware when working with CISOs and security and risk management ...

...24% in transaction value in 2022. Are CFOs and leadership being prudent or overly cautious? How do you see CFOs ...

...a survey of 740 finance leaders across 15 industries and 11 countries, 39% say the CFO now leads the cloud ...

...in accordance with the Pillar Two framework, Wolters Kluwer added. CFOs’ needs to gain visibility into enterprise data  Like any ...

...a highly performing FSS can enable faster decision-making by CFOs in driving productivity and improved cash flow for the organisation. ...

...wake of sweeping digital reforms borne from necessity, these digital gains offer Chief Financial Officers (CFOs) a window of opportunity ...

...turnover by 2026. CFOs will need to accelerate their digital knowledge and better engage with digital-savvy staff to mitigate turnover ...

...individual first — their own self-leadership, because 90% of effective leadership is the ability to lead ourselves. FutureCFO: Have you ...

...Many CFOs have already experienced positive returns from placing an emphasis on sustainability and through small-scale, green capital investments, said ...

While CFOs are mitigating bank failure risks, businesses are worried about a spillover to Asia Pacific. According to Fitch, APAC ...

...more than 250 CFOs and senior finance leaders on March 13, 2023, the top actions among CFOs following the recent ...

...investments used to get CFOs extra credit,” says Alexander Bant, chief of research for CFOs at Gartner. “In 2022, successful ...

...The 2022 FTI Consulting survey of CFOs concluded that in addition to all the traditional areas that CFOs must lead, ...

Autonomous technology in finance will impact FP&A and controllership in three ways, as acceptance of these technologies among finance leaders ...

...sense that finance shows what a transformation can do for the organisation by becoming the first to try it out. ...

Finance leaders walked away with trophies at the FutureCFO Excellence Awards 2023. On Feb 22, more than 20 winners and ...

...significantly reshaped due to finance technology through 2025. Autonomous finance is a target operating model that CFOs are seeking to ...

CFOs: Is global remote hiring part of your company's talent strategy? Asia Pacific emerges as the fastest growing region in ...

...why cost cutting is not an effective way to deal with that and what CFOs could do to combat existing ...

CFOs plan budget changes and sales functions are likely to get more resources in 2023, said Gartner recently. According to ...

...Philippines with no capacity to always visit the terminals it’s essential that constant communication is done through the monthly meetings ...

The vast majority of CFOs plan to raise spending on employee compensation in 2023 despite recession fears and ongoing inflation ...

...and internal concerns of CFOs in China According to survey results, below are the major external and internal concerns of ...

...According to the firm, 85% of respondents think that the war for finance talent represents the greatest medium-term business risk ...

...a wide range of actions CFOs plan to either lead or be significantly involved with,” said Horvat. “More than two-thirds ...

There are top nine workplace predictions that business leaders must address in 2023 and beyond to successfully navigate today’s labor ...

Digital native retail businesses are expected to see resounding success in the coming few years, but their existing strategies might ...

CFOs: Are your finance function using low code development technologies to fulfill growing demand for fast application delivery and highly ...

...Moreover, CFOs' access to the C-suite and other important stakeholders, ensures that they can give ESG a permanent spot on ...

A Gartner survey revealed that composable finance applications are on the radar of CFOs. CFOs who adopt a composable technology ...

...EY study reveals that up to 70% of financial controllers and CFOs in Singapore found an increase in demand for ...

...disruptions that come with these, how should CFOs strategize and lead their organisations to become the disruptors? William Foo, group ...

...CFOs also oversee other departments where it involves purchasing, pricing, investments, tax, debt management, accounts payables and receivables. It can ...

There’s a wide sustainability expectation gap between CFOs and investors, according to a EY survey. This existing gap threatens to ...

There are ten cloud strategy mistakes that CFOs must know as finance functions are digitally transforming themselves and moving more ...

...How would you compare the focus of the CFO pre- and post/during VUCA? Erik Saito: I think pre-VUCA, CFOs focused ...

...“The role of financial professionals and CFOs is increasingly holistic and value centric, and accordingly they need to develop new ...

...embrace these technologies, CFOs and finance organizations are uniquely positioned to take their current roles of stewards of data, algorithms ...

...people before profits and with these initiatives, we create that legacy together. Click on the PodChat player and hear out ...

...pressures that are hard to predict, real-time visibility over financial data, processes and working capital will be key to survival, ...

...aim to eliminate IT complexity is directly at odds with the expanding scope of the finance function. There is a ...

Building a strong sense of belonging is how CFOs can retain digital talent, said Gartner recently. Digital talent has very ...

Among the top priorities of CFOs in Southeast Asia, talent is the most important, according to a survey report by ...

The face of retail has been changing since the start of digital transformation. Many traditional retailers have witnessed the rise ...

CFOs and CEOs are planning to ramp up actions to address cybersecurity issues in the coming year, said PwC recently ...

...tight labor market, CFOs will make trade-offs in spending that affect customer service and support (CSS) leaders, said Sarah Dibble, Director ...

The Kroll 2022 Cyber Risk and CFOs report, Over-Confidence is Costly, revealed that 84% of CFOs in Asia Pacific acknowledge ...

...CFOs are viewing technology as a wage that allows the production of goods and services to scale faster than the ...

...“The challenge is how to drive sustainability while balancing the short and long-term company objectives,” he added. “Nonetheless, CFOs and ...

CFOs don’t just do numbers today. Innovation, ESG, and profitability are some of items on a finance leader’s plate. How ...

...optimum operations with the organisation reacting to changes rather than riding the opportunities. At a roundtable attended by 18 organisation ...

...out.  Forecasting, selected by 36% of respondents and cutting the right costs, selected by 35% of respondents, made up the ...

...are the role of Chief Financial Officers (CFO) and senior finance leaders when it comes to data privacy and compliance? ...

...According to Kroll’s 2022 Cyber Risk and CFOs report titled “Over-Confidence is Costly”, 84% of CFOs in Asia Pacific responded ...

...costs. But the investments may not be widespread enough. Ng pointed out that many finance leaders and CFOs do not ...

...democratised approach to decision-making, particularly for CFOs who need to be able to gather critical insights throughout the organisation. Bhavik ...

Technology adoption in FP&A is set to accelerate, driven by macroeconomic uncertainty and ongoing disruptions, said Gartner recently.  “CFOs are telling ...

...and challenges CFOs in Asia face as they lead the ESG charge for their respective companies. How do you see ...

...providers.   Examples of preparers of financial reporting include CFOs, finance managers, and internal auditors, ISCA said. Assurance service providers include ...

...talents by having a holistic strategy with employee engagement and data analytics to identify training needs and growth areas. Digital ...

...of 128 CFOs and CEOs in June, one third of respondents mentioned back-office automation as a technology priority, the most ...

...do you see the role of CFOs in driving the success of their company’s ESG initiatives? As CFOs address the ...

...than 200 CFOs and finance leaders. IT and sales, on the contrary, are the most likely to get budget increases, ...

When it comes to digital agility in Asia Pacific, there is a need for greater collaboration between CFOs, CHROs, and ...

Pay raise plans are for top performers only, Gartner said recently when releasing results of a July survey of 130 ...

...constraints, said Gartner recently when releasing results of a survey. The survey was done in June 2022 and collected responses ...

...is important to CFOs For CFOs, applying ESG initiatives cuts two ways: what the company invests in, and who are ...

...of companies’ risk management and strategic planning processes, CFOs have a central role in driving their organisation’s ESG agenda. “CFOs ...

Executives have a high degree of regret over technology purchases, said Gartner recently when releasing results of a survey of ...

Businesses must prioritise suppliers and procurement in the midst of a global supply chain crisis, rampant inflation, and energy shortages ...

...but very few of the less successful organisations. Choose an analytical AI implementation leader CFOs must select the appropriate person ...

CFOs have bullish expansion plans despite the current challenging business environment, said employment platform Globalization Partners (G-P) recently. A research by ...

...how female finance executives could become CFOs. A major piece of advice from her is to stop focusing on one ...

...40% within two years, said Gartner recently. CFOs face major barriers to scaling up the use of AI in-house and ...

...from the front Finance employees see their CFOs announcing exciting new technology investments and touting their transformational potential.  But employees ...

...experience.” A plan to scale up digital investments in the finance function Within their own functions, CFOs plan to spend ...

...about the parent company with 50 CFOs running 50 entities for example." He posits that if a CFO can identify ...

CFOs: Do you really know what CEOs think when it comes to issues such as sustainability, Metaverse, and inflation. Gartner ...

...Especially when it comes to defining key performance indicators, which is by all accounts the most important task at present, ...

...results of a survey. A May survey of 182 CFOs and senior finance leaders showed that CFOs will increasingly turn ...

...four ways CFOs can kick-start smart innovation. It includes case studies of banks that have successfully transformed to be leaders ...

...always look for opportunities to modernize their finance function so they can spend less time closing the books and more ...

...organizations can spend less time processing manual transactions and more time moving the business forward. Forward-looking CFOs are on the ...

...financial management suites by 2023. "CFOs in the banking industry are living through some of the most challenging times in ...

...I don't think we're playing our part.” Running on the theme “CFOs as accelerators of digital priorities in 2022”, the ...

...out of three CFOs have raised prices in response to inflation,” said Alex Bant, chief of research in the Gartner ...

CFOs in China are expected to play broader roles when it comes to sustainability, as a result of the country’s ...

...Chen said CFOs can be that key executive sponsor so long as he understands the efficiencies of their organisation and ...

...CFOs will likely continue to closely scrutinize travel spending and return on investment after operating successfully with so few trips. ...

It’s time for CFOs to budget for sales organisations’ transition from intuition-based to data-driven decision making. By 2026, 65% of ...

For several years now, CFOs across Asia Pacific have been deploying robotic process automation (RPA) to automate mundane repetitive tasks ...

CFOs might invest more in reporting automation, RPA, and process mining over the next two years when it comes to ...

Only 30% of CFO-CIO relationships are characterised by strong collegiality and business centricity, said Gartner recently when releasing results of ...

...better data management and analytics. CFOs need to view automation as more than cost savings technology and see it as ...

...CFO’s cash flow and cash generation goals. “CFOs are data-driven, and they need to be convinced that their efforts in ...

...a new round of infection outbreak. The 2021 Gartner CEO Survey: The CFO Perspective noted that 82% of CFOs report ...

When it comes to CFO strategy, finance leaders CFOs need to move beyond short-term, reactive moves to counter inflation and ...

...the value of leveraging big data,” said Chan. As the use of big data with AI is still in its ...

...support changing methods of delivering enterprise business capabilities. He opined that CFOs have a vested interest in including these intelligent ...

...great place to work. FutureCFO: What are some of the biggest challenges facing you as a CFO today? How would ...

...3000 report, the number of women CFOs rose by 17% accounting for 16% of all CFOs globally. In Asia-Pacific (excluding ...

Ongoing supply chain issues, the pandemic, and inflation are having a critical impact on businesses' ability to drive profitability. Retail, ...

Co-produced by Sukhpreet Kaur, community manager, CXOCIETY Alexander Bant, chief of research for CFOs at Gartner predicts that 2022 will ...

...as strengthening alignment and collaboration across teams,” he continued. Crisis-born FP&A best practice Gartner noted that CFOs and finance leaders ...

...company for the data breach (deny condition). After attending to this information, participants again assessed the investment attractiveness of the ...

...one of the top challenges for CFOs this year, according to Workday’s latest global CFO survey.  Coupled with a deepening ...

...travel and logistics. CFOs and other finance leaders are increasingly leveraging a “one-team” approach with third-party providers to centralize governance ...

It might be time for CFOs to start getting ready for the metaverse. According to Gartner, 25% of people will ...

CFOs who evolve their capital allocation approach to one that prizes responsiveness can add 2.5 percentage points to economic value ...

CFOs must account for inflation-related uncertainties in annual budget and guidance for investors, said Gartner recently. According to the firm’s ...

...skills they were prioritising today that they weren’t five years ago, 57% of CFOs report they are now searching for ...

...head of finance and one of the key leaders of the business? Xi Chen: The changes have brought new emerging ...

Technologies such as artificial intelligence and machine learning are already being used in data analytics for many years now to ...

...to grow strategically.  FutureCFO: Why should CFOs take the lead in adopting this model? Besides IT, which functions/internal teams that ...

According to the Gartner View from the Board of Directors 2021 survey, 69% of board members want to accelerate digital ...

CFOs must be aware of cases and risks of digital currencies as 20% of large organisations will use them by ...

...(44%). “For most CFOs in Southeast Asia, their focus was initially to ensure operational and business continuity,” said Timothy HO, ...

CFOs: Have you ever wondered if being digital is enough to create successful business transformation? If you do, you are ...

CFOs: Have you allocated budget for ensuring managers’ success in the hybrid world? According to Gartner, there are three strategies ...

...the pandemic, CFOs must accelerate the digital transformation process for the finance function. Tools – from interpreting results to controlling ...

What will be the major cybersecurity concerns in 2022? As the new year is around the corner, senior executives outside ...

...or even grow their revenue. As we adapt to operating with endemic Covid-19, lingering market and operating environment uncertainty has ...

...members of the chapter said . CFOs are key to developing sustainable businesses as they control the flows of money, ...

CFOs: Do you get your short term forecasts correct? A survey of 750 global senior finance leaders by Tata Consultancy ...

The top CFO focus for 2022 is improving the flexibility of budgeting and forecasting, according to a September 2021 survey ...

...attacks. He also observed that CFOs are regular targets of business email compromise attacks maybe through a phishing attack. McLeary ...

...can take advantage of missed opportunities to leverage the CFO’s insights and leadership. Digital responsibilities The CFO’s responsibilities have grown ...

CFOs look to move their financial systems or ERP to the cloud despite the rapid increase in cyberattacks driven by ...

There are five key priorities that CFOs must consider while navigating the post-pandemic business landscape, said Tricor Group and FutureCFO ...

...2024. According to Boston Consulting Group (BCG), CFOs are under the gun and need to manage the growing burden of ...

...but also the overall success of an organisation. FutureCFO: What’s your advice to female finance & accounting professionals who aspire ...

...A 2020 Gartner CFO Survey found that nearly 3 out of 4 CFOs intended to shift at least 5% of ...

A September 2021 survey of 251 CFOs and other finance leaders revealed that 47% intend to assess digital currencies for ...

...of margin pressures. “The short-term cost cutting moves made by CFOs have created long-term challenges of their own,” said Rathindran. ...

Employees’ desire to work from home presents CFOs a new opportunity to recalibrate staff costs, said Gartner recently. Many organisations ...

...who aspire to become CFOs? SS: One advice I have is to build your network from the get-go. The network ...

All the 40,000 client services employees of PwC in the US will be able to work from anywhere they want ...

When it comes to analytics talent, CFOs often limit the scope of their advanced analytics centre of excellence (ACOE) by ...

CFOs and other business leaders: Are you prepared for increasing your organisation’s budget for improved inclusion in a hybrid work ...

...that can be adjusted as needed.” With so many technologies and trends competing for CFOs’ attention, Gartner said that CFOs ...

...CFOs must take a central role in an organisation, helping to guide business decisions with a high level of business ...

...That gives CFOs a clear understanding of the costs and resources required for their organisations’ different initiatives, including the sustainability ...

...that they also had in-depth interviews with CFOs, consultants and technology experts.  The institutions define intelligent automation as an enhanced ...

...the size of the insurance cover? Due diligence importance Given the prevailing appetite for M&A, can you name 3 recommendations ...

...260 global CFOs.  With the majority of organisations in the midst of digital transformation, CFOs also reported gaps in their data, ...

...it also makes them reluctant to share data with others. The outcome is – Finance struggles to get the data ...

...world. Cash flow and liquidity The pandemic requires CFOs to strike a balance between being mindful of expenditure and investing ...

The financial impact of cyber-physical system attacks resulting in fatal casualties will reach more than US$50 billion by 2023, Gartner predicted ...

...where we perform our duties have changed beyond what we might have expected at the start of last year. CFOs ...

...IMA members, including more than 100 CFOs, according to the two organisations. While global confidence dipped slightly in Q2, this ...

...guidance to align local and global directions,” she elaborated. Advice for aspiring CFOs Yeoh says these are exciting times to ...

CFOs are generally hands-off when it comes to leading the charge for AP and AR automation initiatives. The COVID-19 pandemic, ...

...the M&A team either falls under the oversight of the CEO or CFO. Foo believes that regardless of where this ...

Loreal Jiles (pictured), Director of Research – Digital Technology & Finance Transformation, Institute of Management Accountants (IMA) weighs in on ...

There are three priorities that not only HR leaders but also senior executives such as CEOs and CFOs need to ...

Let’s continue with the last five of the top 10 security misperceptions today. To revisit or view the first half ...

There are top 10 security misperceptions, said Sophos. According to the firm, those misperceptions were encountered by its rapid response ...

...respondents intend to increase spend in information technology in this fiscal year, Gartner noted, adding that the survey of 115 ...

Non-IT professionals will build 80% of technology products and services by 2024, said Gartner recently. This trend is driven by ...

Leong Soo Yee (pictured), Executive Director, Markets, at ACCA weighs in. For FutureCFO's Female Leadership in Finance Series, Leong shared ...

...finance.  FutureCFO: What can CFOs and employees in the finance function do to narrow the skill gap? LT: Faced with ...

...the wrong metrics, or metrics that are just wrong. CFOs would love to rely on IT for clean and compliant ...

...redefines its role. CFOs are beating the outsourcing drum the loudest. 44% of C-level respondents (two-thirds were CFOs) think outsourcing ...

...to the CFOs who think bigger about how the technology can fundamentally change the way their company does business.” CFOs’ ...

Finance transformation plans will fail if CFOs do not fully address four areas of comparative advantages of their function, said ...

While some of the Gen Zers are already in the workforce, employers and senior executives such as CFOs need to ...

There are seven critical areas where CFOs can identify opportunities for improvement in ESG reporting, said Gartner recently. “About one ...

...to accelerate digital transformation. While this has improved the CFO’s ability to navigate the uncertain market landscape, it also introduces ...

...pick Rest of Asia as a growth hotspot, Deloitte observed. CFOs are growingly optimistic Half of CFOs are more optimistic ...

...the leading role. As BI is at the crossroads of business and technology, the Chief Financial Officer is arguably the ...

Have you ever wondered if your finance function is over-investing in new analytics tools? Gartner confirms your thought if you ...

The pandemic has changed CFOs’ hiring and employee management practice, said employer of record platform Globalization Partners recently when releasing ...

...geography, the media report states.  The regions that CFOs see leading the global economic expansion are the US, China and ...

...compete for the same customers. But while they will all use the same business software to operate efficiently, successful entrepreneurs, ...

...a long time to complete. CFOs need to adopt agile approach to push for significant change in a new environment. ...

...help CFOs better allocate resources from low-risk areas to higher-risk ones,” Gannon advised.  “Following this approach for sustainable cost optimisation, ...

...the pandemic? How should CFOs go about digital transformation? Ee Khoon Oon (pictured), Vice President, Asia Pacific, Kyriba shares with ...

...occupy a significant proportion of management roles but are scarce in executive and C-Suite roles. According to Statista, women faired ...

...to lower effective tax rates, better business decision-making, and greater accuracy in financial reporting," according to Houldsworth. She cautioned that ...

...started a network for female CFOs, called Women CFOs Roundtable, in partnership with Ernest and Young (EY) as a place ...

Finance leaders expect AI to perform many of the finance and reporting tasks in the near future, said EY recently. ...

...Asia, Snowflake FutureCFO:  How do data visualisation tools help CFOs with real-time performance data? Geoff Soon (GS): Modern-day CFOs are ...

...in the past, the pace of transformation has materially changed, he said.  “Digital investment and transformation are no longer things ...

...that modern CFOs face today is particularly high. The same report examined Accounting and Auditing Enforcement Releases (AAERs) issued by ...

A recent Gartner survey suggests that the answer to the question of whether CFOs would plan to hold Bitcoin as ...

...stay in control of their business. Since early April, FSN has been interviewing CFOs of global organisations among the Modern ...

...(to make an informed decision)? COVID-19 saw companies adopt cloud computing? How should CFOs weigh the opportunities and risks between ...

...have become more focused on scenario planning and stress testing as a result of the pandemic. FutureCFO’s discussions with finance ...

...to new calls for financial transparency, faster data sharing, and having the ability to create new models and explore multiple ...

...leveraged to enhance productivity. Click on this e-brief to read about the challenges, opportunities and learnings of CFOs in Asia ...

...for the 2020 Q4 survey took place between November 20 and December 8, 2020, and attracted 3086 responses from ACCA ...

...of PodChat for FutureCFO’s dialogue with Morgan Terigi, co-founder and CEO of Incomlend, an invoice exchange platform for connecting businesses ...

...allow their CEOs to take the right steps forward. The pandemic changed this perspective. It shifted the finance role to ...

...a question. “75% of CFOs play to allocate more resources to digital transformation in 2021.” PwC CFO Pulse Survey 2020 ...

...the current uncertainty requires companies to do quick scenario analysis. While historical norms can offer some guard rails, many CFOs ...

...impact, said Gartner recently. Gartner’s survey of 173 global CFOs in November 2020 revealed that plans for substantial digital investments ...

...that today CFOs need to have a say in the investment strategies of their companies. He commented that information technology ...

...thoughts of seven CFOs from around the world who have volunteered their time to contribute ideas and experiences on what ...

...and company resources has become even more vital to the finance function.  To rise to the challenge, CFOs can empower ...

...CFOs, have also seen an expansion of their remit. Digital CFOs are now also responsible for directing strategy and influencing ...

...company.  CFOs are also handling much more than finance. On average, five functions—other than finance—now report directly to the CFO ...

...finance. “Now with COVID, this consumerization that has moved to the back office of the enterprise where CFOs, for example, ...

...move. FutureCFO: How should CFOs plan for cloud adoption?  LT: With an uncertain future, CFOs need to be able to ...

...times of crisis like the present. The result is undesired is that teams are often unable to deliver needed plans, ...

This IBM whitepaper provides a roadmap for CFOs and finance head to deliver financial results, create informative financial and management ...

...digital priorities. As companies transform how they work in a post-pandemic world, Chief Financial Officers (CFOs) have the opportunity to ...

...Let’s recapture what happened in these spaces in the year. Accelerated digital transformation The pandemic has driven CFOs to accelerate ...

...become CFOs? ST: I worked extremely hard during the initial stage of my career, which sometimes meant extra-long working hours.  ...

...survey of 173 CFOs conducted in October 2020. The daunting list of digital priorities for 2021 revealed by the CFOs ...

...survey of more than 800 global CFOs and senior finance executives. According to the 2020 EY DNA of the CFO ...

...the nuances of accounting and tax laws and practices. Of note for APAC CFOs are findings including: Mandatory electronic transaction ...

Only 10% of organisations achieve significant financial benefits with AI despite increased investment and activity, said Boston Consulting Group recently ...

As working from home has become more prevalent during the pandemic, some organisations are reviewing their office design to align ...

TMF Group is a global provider of critical compliance and administrative services, with some 7,800 in-house experts across 80-plus jurisdictions. ...

The amount of change that the average employee can absorb without becoming fatigued in 2020 has been cut in half ...

During the course of dialogues with CFOs in Asia, FutureCFO discovered a common thread: rolling forecast as a way to ...

Employer-sponsored healthcare benefit costs are expected to increase by 8.5% in Asia Pacific in 2021 following a year in which ...

Have you ever wonder what other CFOs have done and plan to do during the pandemic to alleviate some of ...

...around the world, including more than 100 CFOs, according to ACCA, adding that the COVID-19 questions elicited 789 responses. Activity ...

...rather than retrospective reporting CFOs will increasingly have the CEO role as the next progression in their career development Respondents ...

As organisations progress in their digital transformation journeys, CFOs are making structural changes to their finance departments, These include weaving ...

...the CFO’s responsibilities.  As CFOs couldn’t be across all the important things and into every single nitty gritty, having a ...

While technology companies such as Twitter, Google, and Facebook have extended work-from-home order, Apple’s CEO Tim Cook is also impressed ...

Nearly half of all new RPA clients will come from business buyers outside the IT organisation by 2024, said Gartner ...

...a cost-effective online course, the Certificate in Data Analytics (CertDA) to provide learners with an understanding of data analytics and how it ...

Lorna Smith OBE, Vice Chairman of Bank of Asia talks about how CFOs could benefit from digital offshore banking. FutureCFO: ...

...have been prevalent. A Gartner survey of CFOs in March 2020 suggests that CFOs are favouring some teams to continue ...

...investors’ concerns and offer the clearest possible picture of where the company stands on sustainability. This will become increasingly important ...

...focus on value-added tasks, and provides the operational dexterity for CFOs to scale or pivot when ready. It makes the ...