Search Result for 'female leadership/feed/rss2/futurecfo.net'

Among the key trends that emerged in the recent Money20/20 Asia 2024 event in Bangkok, Thailand include dispelling the myth ...

...way short of the levels required to drive transition towards net zero targets. This is the view of Lim Lay ...

...at the start of the euphoria around ESG, FutureCFO observed that CFOs in Asia showed keen interest in leading their ...

Banking software system provider Temenos launched its financial processing solution, Temenos Positions, to transform banking operations for institutions with complex, ...

...Pulse survey, conducted by FutureCFO and sponsored by ServiceNow, we look at the approaches APAC organisations are taking for “Source ...

...M&A. The interview is part of FutureCFO’s Female Leadership in Finance Series. FutureCFO: From your bio I learnt that you ...

The finance function, including finance professionals and their roles, has been evolving to keep up with the changes in the ...

Compensation, work/life balance, and location are among the top attraction drivers for finance function employees, according to a study by ...

The Institute of Singapore Chartered Accountants (ISCA) inked a Memorandum of Understanding with the Council for Board Diversity (CBD) in ...

...goals, including net zero targets, many organisations today are still overly focused on short-term, financial metrics, and are struggling to ...

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of ...

...leading a cross-functional project enabled her to grow professionally and her typical work day. FutureCFO: What does a typical day ...

Companies in the Asia Pacific region are looking to partially or fully align their sustainability disclosures with the European Union's ...

...the same category during the awards night ceremony at the Fullerton Hotel on 22 February 2024. * Editor's note: FutureCFO ...

Finance professionals and their roles have been evolving to keep up with the changes that have been happening here and ...

Value creation and sustainability roles are set to grow even more to offset non-business partnering finance roles lost to automation, ...

One of the five agendas that the Association of Chartered Certified Accountants (ACCA) identified for finance professionals to create a ...

...diverse landscape across Asian economies highlights how sustainability expertise, finance, financing know-how, and strong on-the-ground networks are all part and ...

...as the competencies of the CFO are required to change. CFOs now are required to have competencies such as business ...

The Association of Chartered Certified Accountants (ACCA) identified the importance of good ethics among finance professionals as one of the ...

The automation of routine finance planning and analysis (FP&A) processes to create bandwidth for value-adding activities is unsustainable, a Gartner, ...

Finance roles have long been evolving to keep up with the requisites imposed by the business world, be it regulatory ...

...successful upskilling, thereby narrowing the present skills gap. Cheah says a majority of companies nowadays are already into what they ...

As it turns out, compliance culture is not the best way to address the most common situation leading to noncompliance, ...

Editor’s note: Raymond Ngan (pictured), Area Vice President Asia – Sales, Coupa shared with FutureCFO audiences his work day and ...

Organisations reported being victimised by attempted or actual payment fraud activities in 2023, according to a study by the Association ...

The Institute of Singapore Chartered Accountants (ISCA) launched an Accelerated Pathway Programme (APP) for accountancy degree students to become a ...

Finastra integrated artificial intelligence-powered ESG scoring into its working capital solution, Trade Innovation, according to a press release. Under the ...

BlackLine, Inc. launched its generative artificial intelligence-powered Journals Risk Analyser, empowering finance and accounting leaders with anomaly detection. The new ...

Economic confidence among chief financial officers declined moderately in the first quarter of 2024 and is slightly below its historical ...

...in a typical work day. While he’s passionate about his work, he has learned a lot from golf, which he ...

Economic confidence among finance professionals hits highest level since the first quarter of 2023 , though cost concerns persist , ...

Retail organisations in the Asia-Pacific region are selecting Workday Financial Management to drive greater profitability, according to a recent press ...

...to disparities in remuneration across markets, even among audit firms within the same network. This inconsistency persists despite efforts to ...

...challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. FutureCFO: When did you ...

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

...of working long hours on its own, such visibility can help employees plan their personal lives around this without being ...

...analysis, which was made by Shir Dekel, Analytics and Survey Design Expert, Global Thought Leadership at PwC, shows that higher ...

...business operations, and finance and strategy. Tom Hood Source: AICPA & CIMA Economic Outlook Survey “Our Future of Finance Leadership ...

Embracing technology has been proven an imperative among firms to remain relevant in talent attraction and acquisition. This is among ...

...them. FutureCFO: What does a typical day look like for you? Juvanus Tjandra (JT): At KPMG, I lead finance and ...

An interest in sustainability reporting and assurance presents talent opportunities among audit professionals, but may imply a lack of clear ...

Strategies of organisations now center on generative artificial intelligence (GenAI) following the challenges in 2023 amid macroeconomic weaknesses and cost-savings, ...

Despite concerted efforts, the accountancy profession is struggling to attract and retain talent, and at the same time is facing ...

Chief audit executives expect audit coverage of artificial intelligence-related risks will grow as organisations race to adopt the technological advancement, ...

...2023 Percentage of female board chairs (%) in 2023 Percentage of female Chief Executive Officers (%) in 2023 Indonesia 9.7 ...

Southeast Asians exhibit a strong appetite for investing, with stocks, fixed deposit plans, and mutual funds among the top three ...

...finance function, the benefits expand beyond the doors of the company itself. This, in turn, gives new meaning to jobs ...

...finance leader and stay open-minded to new experiences in his career journey. FutureCFO: What does a typical day look like ...

...rewarding and prestigious an accounting career can be. Help lead the charge towards net zero Last year, the Accounting and ...

...high performing employees. “Finance leadership should be clear that enforcing return-to-office mandates comes with attrition risk and should be weighed ...

An initial public offering, or an IPO, undeniably poses both an opportunity and a challenge for a company. According to ...

...establishment of a strong data foundation, it is expected that finance leaders look into strategies to not only succeed but ...

...her observation attending a Women Pioneers Series hosted by AmCham Singapore. “It was impressive to see the number of female ...

Toyota Finance Corporation completed the implementation of Wolters Kluwer’s CCH Tagetik corporate performance management (CPM) platform, reducing monthly aggregation and ...

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

The role of chief financial officers continues to evolve beyond the finance function, according to a survey by leadership advisory ...

...thanks by being: Specific (what quality the person brought, e.g., humor to the team/project, honest feedback) Measurable (working extra hours, ...

A Forbes article suggests that 2024 will be tough for everyone. FutureCFO discourse with finance and business leaders echoes the ...

...Greater China, Stripe FutureCFO: What are the major challenges facing CFOs and the finance function in 2024 in terms of ...

...external economist networks, they are able to leverage micro-developments in the economic landscape to adaptively bolster capital or accelerate market ...

...costs associated with networks, systems and remote work have increased at 74% . Seventy-five percent (75%) of APAC institutions cited ...

Despite apparent advances in reporting, businesses fall short on climate strategy and action, according to a study by Ernst & ...

Sustainability concerns are having a significant impact on investment and divestment processes, or in "the transactional workflow", the Association of ...

Four years following its introduction, BlackLine, Inc.'s Modern Accounting Playbook (MAP) marked its 1,000th customer. The bundled software and services ...

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims to ...

As change is deemed as a permanent thing in this world, it is important that business leaders learn how to ...

...addition, Bant says many are going further than just partnership, and are instead playing a leadership role in crafting a ...

...and sustainability initiatives. Many companies struggle to quantify their impact accurately and consistently. Rita N. Soni “To truly embrace ESG ...

...Gartner experts recommend three best practices to build technology acceptance: Incorporate structured staff feedback into vendor testing and prioritising technology ...

Chief financial officers need to get decisions right for their organisations to provide business confidence in investing in growth. This ...

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

...Kien Loh Arguably reflecting the Gartner Peer Insights Voice of the Customer report, Wolters Kluwer CCH Tagetik was voted by ...

...the right people to collect relevant data from different parts of business operations. Not only will they have the right ...

A strong diversity and inclusion culture is revealed to be a critical factor in deciding to work at an organisation. ...

...their view of funding sources beyond bank lending and corporate bonds,” said Rathindran. “Financial leadership should explore secondary equity issues, ...

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims ...

The energy transition represents a transformative investment opportunity, with the world’s net-zero ambitions either coming to fruition or failing in ...

Chief financial officers are projecting higher budget for artificial intelligence in 2024, forcing conversations on AI ambition and policies, according ...

...on her investor relations webpage, gathering responses to learn more about shareholder concerns during the pandemic’s turbulent uncertainty. This feedback ...

Singapore-headquartered technology firm Grab Holdings Limited has set the bar high for corporate response to the COVID-19 pandemic. Its swift ...

...practice leader, Deloitte Winning the net-zero race To win the race to net-zero, the world must invest wisely and identify ...

...shows that the digital initiatives that have a better-than-evens chance of realising the intended benefits are those where finance leadership ...

...may be occurring simultaneously. Sustainability and ESG: same but different But before diving deeper into the ESG challenges that lay ...

The year 2024 brings a landscape of unprecedented challenges and opportunities for corporate treasurers. From the ongoing global conflicts to ...

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

As today's markets shift and financial leaders start to find their cost bases grow faster than assets under management, it ...

Artificial intelligence is still on the threshold of business operations transformation, offering potential benefits for operational efficiency, cost savings, and ...

Editor’s note: GenAI adoption is touted to bring benefits to enterprises and their finance functions. Nikhil Parambath (pictured), Regional Vice-President, ...

Finance and accounting team members nowadays seek more effective communication and clearly defined roles and responsibilities to be able to ...

Among the things finance leaders must focus on for the new year is undoubtedly the rising interest and trend on ...

Financial leaders nowadays face challenges in maintaining and expanding revenue streams while contending with a growing shortage of talent within ...

...says Ashworth. In ACCA's recent and inaugural global economic outlook annual prospects report, William Tan Kwang Hwee, a member of ...

...its long-term average,” said Susie Duong, PhD, CMA, CPA, CIA, EA, senior director of research and thought leadership at IMA. ...

...capabilities. Demand for industrial electronics is also expected to grow rapidly over the medium term, helped by Industry 4.0, as ...

...consisting of employee training and awareness, network security, infrastructure security, application security, information security, cloud security and disaster recovery should ...

Global VC deals volume drops significantly, with investment sinking from US$531.4 billion across 51,894 deals in 2022 to $344 billion ...

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. The technological advancement provides more ...

...risk within their business operations. “CFOs are tasked with ensuring that their organisations and investors have the necessary information to ...

A record number of mid-market businesses expect an increase in profitability despite a drop in optimism, said Grant Thornton recently ...

...organisation's financial health but also vital ‘translators,’ getting feedback from customers – and then helping develop ESG strategies that embed ...

...down the organisation can make decisions and where they should seek leadership input. This will be an important step to ...

...those who feel their organisations are prepared, 89% attribute this to their leadership team’s understanding of AI and its capabilities. ...

In the world we live in today, technological advancements play a crucial role in talent retention, even in the finance ...

There are five emerging global trade dynamics in the coming decade, said Boston Consulting Group (BCG) recently. Among these five ...

As finance chiefs, understanding the necessity of enterprise scalability in financial performance management should be included in their priorities list ...

Two audit firm solutions of Wolters Kluwer have been pre-approved by the Infocomm Media Development Authority (IMDA), a statutory board ...

Talent shortage continues to persist in many parts of the world including Asia. In Singapore, for example, the shortage of ...

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from ...

...so bringing in senior leadership and have them promote the migration as hard as they can. 3. Evaluate old data ...

Cost pressure amid global economic shifts has become a top concern for 58% of SMEs as they also face workforce ...

Building a culture of cost consciousness within an organisation is undeniably part of being an effective finance leader. To effectively ...

Global M&A is set to grow again after losing steam in the final three months of 2023, said WTW recently. ...

...the reasons behind the restructuring, listening to employee feedback, and addressing their concerns. By empowering managers to lead and communicate, ...

Corporate credit trends would diverge by region though global credit metrics are generally expected to be stable to improving this ...

Business strategizing for the new year may seem all but simple, with fragmentation, uncertainty, and volatility as constants in a ...

For finance chiefs, a more compelling vision is required for the future of finance and reporting. According to Ernst & ...

Chief financial officers are now facing a conundrum as they plot the fiscal course of 2024’s business travel as it ...

...were thinly stretched across many activities in 2023. Liam Hassell, founder and director for accounting and finance recruitment at Recruitment ...

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

The talk on standards and reporting on environmental, social, and governance (ESG), which refers to the factors that investors measure ...

Fear of double taxation emerges among businesses amid global tax reform, said EY recently. Global tax reform, ineffective use of ...

...A growing number of the global workforce is turning to remote work. When the team spans across time zones or ...

Cost reduction initiatives can yield significant benefits for organisations and their employees when approached strategically and executed effectively. If finance ...

Business leaders are struggling to turn GenAI hype into reality, said Boston Consulting Group (BCB) recently. According to a survey ...

The digital transformation in all sectors across all departments has been evident over the last few years, especially following the ...

To keep up--and even get ahead--of the race in the market today, chief financial officers must have a good grasp ...

...developed market (DM) banking sectors more than those in EMs, the firm added. “We expect net interest margins (NIMs) and ...

...or to ensure that credit decisions are fair and inclusive or to provide tailored wealth advice. 5. AI to Leverage ...

...when psychological safety is high, only 3% of employees are at risk of quitting. The empathetic leadership—a style of leadership ...

Amidst the digital transformation, it is imperative that chief financial officers know the way around the challenges of safeguarding against ...

One defining feature of the geopolitical environment in 2024 will be multipolarity, according to Ernst & Young. As a greater ...

...automation and the Internet of Things boosts rapidly growth in demand for industrial electronics. APAC auto manufacturing hubs are also ...

The COVID-19 pandemic has accelerated the adoption of various technological advancements to keep up with the evolving market and the ...

Adopting an ESG strategy can be seen as more than just a tick-box exercise or a means of delivering on ...

...of Management Accountants and Co-Chair, Association of International Certified Professional Accountants. In this interview for FutureCFO’s Female Leadership in Finance ...

Agile planning makes room for development and progress from limited insight and hindsight to a good scenario planning among finance ...

As the market shifts here and there, the role of the chief financial officer continue to evolve, juggling priorities and ...

When it comes to corporate reporting, there are multiple challenges facing CFOs, said EY recently. In the face of a ...

...should focus on enhancing their leadership skills and creating environments that motivate employees to upskill and grow. CFOs are also ...

Hong Kong exports are expected to grow by 4% to 6% next year—a sharp contrast to the 11% decline in ...

Chief financial officers in the Asia-Pacific region will be zeroing in on revenue growth for the next 12 months, according ...

With the new year now up and running, finance leaders must be able to keep up with the trends that ...

...we expect policy rates to stand at 4.5% in the US, 3.5% in the Eurozone and 4.5% in the UK. ...

The decision to outsource certain functions within the organisation has become a strategic choice for many companies seeking to optimise ...

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public ...

IPOs in China are expected to maintain its pace in 2024 while the Hong Kong market would rebound when US ...

...the full-year net loss after interest and tax dropped 79% to RM344 million from RM1.65 billion a year ago. MAG ...

With the fast pace of the world nowadays, financial leaders face challenges in maintaining and expanding revenue streams while contending ...

The chief financial officer role is now being seen as a key driver in the digital modernisation of organisations, according ...

...community and network by providing facilitated study sessions, mentoring sessions, candidate and alumni events. Study First Pay Later. For university ...

...Understand your organisation risk appetite Senior leadership across the organisation is responsible for articulating its risk appetite. Risk appetite needs ...

There are ways to mitigate insolvency risk though no organisation can eliminate the issue completely. According to trade credit insurer ...

Building an effective risk culture and alignment to organisational objectives is a critical step on risk management, which can impact ...

When it comes to streamlining financial operations, Singapore shows strong optimism towards AI to improve business and financial resilience, said ...

...uncertainty. Allocating resources to training programs specifically designed to enhance emotional intelligence skills can help equip accountants with the tools ...

...as ideas and feedback must be clearly articulated within the company. This will help in realising the full impact of ...

Asia Pacific consumers will likely have more to spend on discretionary items in 2024, said Mastercard Economics Institute (MEI) recently. ...

...life cycle. Report: Measure and report on the differential sustainability impact of AI initiatives. Assess your net impact with Scope ...

Finance leaders, including organisations' chief financial officers, are now required to have a firm grasp of technology, even if in ...

In addition to three 2024 predictions for finance from SAP Concur executives, today we have two more from the company ...

SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting ...

Among all that has happened over the past few years following the COVID-19 pandemic, transformations within various areas of business ...

The integration of artificial intelligence in an organisation's finance function and accounting services has been proven to be a necessary ...

Augmenting people potential to democratise action on sustainability has become one of the more important things to consider as an ...

...priorities of the finance team while simultaneously upskilling and equipping the team to support the wider organisation’s net zero initiatives ...

...new products, new services, and new techniques. Resource stewardship: toward a net-zero planet The transition to a net-zero economy that ...

...network and growing base for EV R&D, as well as strong government support through policies and incentives to enable infrastructure ...

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

The role of artificial intelligence (AI) and machine learning (ML) in the organisation has expanded significantly, with the changes taking ...

When it comes to global business travel forecasts for 2024, the good news is that airfares look set to stabilise ...

Finance leaders must recognise the opportunity posed by automation in staff engagement and retention as this can be key for ...

The CFO role has been seeing shifts in the retail industry recently, as the position is seemingly no longer tied ...

When it comes the top risks for 2024, economic conditions and inflationary pressure emerge as the top near-term concerns for ...

Undeniably, the role of the chief financial officer has evolved over the past few years as the market steers toward ...

When it comes to real generative AI use cases, the number of enterprises that are in the experimentation and expansion ...

...of data over time stakeholders’ feedback on value of sustainability-related information dissemination of sustainability knowledge in the organisation and its ...

China is currently facing an economic slowdown following the pandemic, which have raised concerns among ratings agencies that led to ...

Asia Pacific medical costs and healthcare benefit costs will continue to rise, said WTW recently when releasing results of its ...

...managing finances but actively contributing to the business’s growth through strategic financial leadership. It should be noted that a CFO’s ...

...transformation, PwC expects CFOs will be expected to bring together equal parts business, strategic insight and tech experience as they ...

...or outsourcing can be crucial as it is the first and most important step that will dictate the fate of ...

Cyber and digital technology risks are a key concern for businesses and risk leaders in 2023, even as 60% see ...

Being a chief financial officer (CFO) pertains not just to a career progression but the initiation of a whole new ...

Artificial intelligence and machine learning have been changing how things are being done in different industries. The duo basically shakes ...

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

Looking forward to 2024, finance leaders must gear up for the new challenges the new year will bring. Along with ...

As the world veers toward a new year, it is important that finance leaders know what to expect in the ...

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

The demand for sustainability reporting has been increasingly growing, driving actions by organisations for better business, according to the Association ...

The new year is around the corner. What’re your 2024 predictions for finance and accounting? BlackLine said there are several ...

Institutions and investors must close the financing gap to transition to net-zero and mitigate risks surrounding green projects, according to ...

...themselves, balancing the short-term operational priorities of the finance team whilst simultaneously upskilling and equipping the team to support the ...

Vantage Data Centers, a global provider of hyperscale data center campuses, recently announced the appointment of Joel Cheah as CFO, ...

Private equity activity picks up in Southeast Asia in the third quarter of 2023, according to a survey by Ernst ...

Harnessing data gathered from various channels can be helpful in a finance leader's operational skills as this enables him to ...

...the table to help companies make better decisions. The interview is part of FutureCFO's Female Leadership in Finance Series. Kris Giswold, Senior ...

Treading along the rapidly changing market has been proven to be not the easiest task, especially after the COVID-19 pandemic ...

It is not always on the obvious side of the business world, but climate risks and sustainability are among the ...

Asia Pacific is business leaders’ top destination for expansion despite lower appetite for M&A, said EY recently when releasing its ...

The business world is undoubtedly currently on a race to maximise digital technology advancement, with leaders pondering on the best ...

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic ...

There are five key M&A trends for 2024 while AI would reignite the global market, said WTW recently. Historic levels ...

To be able to harness technology's full potential, leaders must be able to fully understand how it works. Alongside understanding ...

Finance leaders must be keen to monitor the ongoing trends in technologies across various sectors as this can be significant ...

Though global growth will slow in 2024 as high interest rates percolate through credit channels to the real economy, it ...

Adopting a good and progressive generative artificial intelligence mindset is essential in today's journey to technological advancements in the finance ...

Accountants play a role in helping out people who lack the foresight of what happens in the future of their ...

Business investment would increase though firms in many countries are dealing with the highest interest rates they have seen in ...

As new technology flourish in today's global business scene, there is an observed growing concern among traditional accounting and finance ...

...risks. The property crisis feeds through to consumer demand and investment while pressuring local government financing vehicles and increasing asset ...

Business leaders in Singapore are finding it challenging to deal with the reporting and data collection for environmental, social, and ...

...queries after the live run. Positive Feedback SWIFTNet users have provided positive feedback and are urging for the system’s expansion. ...

Greenwashing remains a perceived issue among investors.  More than nine in ten investors (94%) believe corporate reporting on sustainability performance ...

Sustainability has been among the talk of the town in recent months, and investors have been pressing to understand how ...

Listings for initial public offerings in Southeast Asia have seen a "healthy" count for the first 10 and a half ...

There are several top M&A trends in 2004, according to advisory firm Gartner. These top M&A trends in 2024 include ...

...plans to maintain operations in extreme conditions. Develop leadership savvy. Long-term financial success depends on the ability to manage key ...

Consumers plan to spend less due to rising cost of living and concerns about climate change, said EY recently. While ...

As the observed momentum behind sustainability and dynamic shifts in consumer behaviour undoubtedly has profound implications for any company, it ...

...and financial services, spanning public, private, and venture capital-funded firms, said Carsome.  He has held senior financial leadership roles at ...

...information, formatting inconsistencies, or human errors during manual data entry,” said Ervina Waty, group chief financial officer at Ateria. FutureCFO ...

Human capital is no longer simply a “people problem” but a key business risk that is fuelled by rising health ...

Most finance functions are behind other functions in AI implementation. According to a survey of 130 finance leaders and 91 ...

...said. Overcoming hindrances Samosir believes that companies must understand sustainable development to benefit from existing opportunities. He highlights those organisations, ...

Skills related to open source and cloud-native computing are proving to becoming more important as times go by, opening doors ...

Real salaries in Singapore are estimated to rebound in 2024 as inflation eases, said ECA International recently. Workers in city ...

China’s economic growth is estimated to hit 5.4% in 2023 said IMF recently. The fund raised its forecast for China’s ...

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

Finding the best people to help out your organisation is a crucial task for leaders, as the choices made can ...

Generative AI benefits will only be realised by 30% of Asia Pacific firms that have more mature IT practices, according ...

There’s a pinch of optimism in Asia despite global economic uncertainty. While there is an anticipation of global trade expanding ...

...combined with higher rates, this will weaken asset quality. Liquidity will also tighten. Net interest margins will decline in the ...

...journey, rather than a one-off project,” Mo said, adding that transformation is a continuous process of improvement. Convincing leadership Of ...

Initial public offerings or IPOs are among the significant milestones for a company as it transition to one open to ...

The Southeast Asian digital economy is flourishing despite global macroeconomic headwinds. The region’s gross merchandise value (GMV) continues an upward ...

Proactively managing security risks has its own advantages, especially considering the fast pace of digital transformation around the world. Organisations ...

...CEO position. The EY DNA of the CFO 2023 report found that CFOs will be increasingly chosen for their strategic ...

Nium announced recently the launch of Global FX, a product built for FX risk mitigation and transparency in global money ...

The Asia-Pacific region has entered its "golden era" of digital economy, according to a report by the World Economic Forum ...

...leaders reported disagreements in the top leadership team like their global peers. Sixty-five percent of Southeast Asian finance leaders in ...

...is leading in tax transparency and reporting compared to other possible motives, including finding the right combination of technology and ...

Cloud computing has been proven to play a role in revolutionising how businesses innovate and grow in today’s hypercompetitive global ...

A number of finance leaders in the Southeast Asian region were revealed to have been pursuing a bold transformation agenda ...

...support evidence-based decisions across the enterprise. Those who step up boldly to the challenge have important opportunities to demonstrate vision ...

Businesses are betting big on generative AI to gain an edge despite hurdles to adoption and M&A challenge, said EY ...

As more high-value treasury operations require cross-functional collaboration, data integration between systems becomes essential. The advantages of seamless data integration ...

The banking industry has been facing tremendous challenges especially following the COVID-19 pandemic situation as extreme volatility remains in the ...

Investment-grade corporates face the risk of climate-related downgrades. According to Fitch Ratings, more than half of global corporates that may ...

Operational inefficiencies today are often brought about by the rising costs of cloud computing, opening a new discussion regarding cloud ...

...some basic NLP tasks use rule-based methods, more advanced applications integrate machine learning techniques. These include deep learning, word embeddings, ...

Chief financial officers are indicating a substantial increase in focus on ESG programs, according to an annual survey by global ...

Major cybersecurity trends in 2024 would centre around AI, hactivism, and weaponised Deepfakes. According to Check Point Research (CPR), there’s ...

Scams and frauds in banking are undeniably not a new thing anymore as fraudsters have found more ways to do ...

Finance leaders are expected to keep up with the changing practices in businesses and enterprises globally, including the area of ...

Insolvencies in Asia are expected to see a moderate increase next year before stabilising in 2025, as a result of ...

Corporate financial performance saw improvements in the third quarter of 2023, according to a report by KPMG. The KPMG Financial ...

...use cases of NFTs, currently it is quite limited. Interoperability standards and protocols should be developed to enable NFTs to ...

...development may hinder an organisation from meeting its overall workforce growth goals. In the face of the region's diversity, issues ...

The advent of digital technology is already having its weight in the way organisations run their tax departments. With that ...

Adopting artificial intelligence in an organisation's day-to-day business is undeniably a strategic move to boost operations and decision-making. It is ...

When it comes to third-party risk management, organisations are redefining their approaches, with a focus on talent and strengthening the ...

The Internet of Things (IoT) is currently revolutionising business operations, enabling data-driven decision-making and efficiency--an area finance leaders must always ...

...features of cloud computing include pooling resources, easily getting what you need, accessing them over the internet, expanding or shrinking ...

BlackLine recently announced new features to make finance transformation more efficiently. The company has added Microsoft Teams integration and introduced ...

Chief financial officers are now turning out to hold a critical role in companies’ low-carbon transition. Because of this, finance ...

...the digitization brought about by the COVID-19 pandemic. “You have to have a very good network in the banking market, ...

Five-year refinancing needs drop to lowest level since a Moody’s study in 2017, said the credit rating agency when releasing ...

Hong Kong and Singapore lenders are expected to improve their operating efficiency in the coming months amid higher net interest ...

IT services company IBM is expanding its relationship with Amazon Web Services (AWS) to deliver joint solutions upgraded with generative ...

Southeast Asia consumer confidence is on track for a rebound as value-seekers embrace new needs, said Bain recently. According to ...

Finance leaders are now starting to delve deeper and ask bigger questions to tech professionals amid the rapidly changing world ...

China-based technology company Baidu launched a new version of its artificial intelligence model, Ernie 4.0, which uses algorithms to produce ...

Chief financial officers are predicting net profit growth in 2023, according to a new survey from advisory firm Grant Thornton ...

...address challenges facing female finance executives. The interview is part of FutureCFO's Female Leadership in Finance Series. Eileen Chua, Managing ...

The China Securities Regulatory Commission (CSRC) ordered domestic brokerages’ overseas units to stop opening new stock accounts for onshore investors ...

...unsurprising that innovative technology is often at the forefront of the finance leadership’s transformation efforts.  In fact, 38% of CFOs ...

Senior executives in companies are looking into using generative artificial intelligence for cyber defence in the next 12 months, according ...

In a fast-changing space we live in today, it is important to keep up through setting strategic initiatives to not ...

...their leadership skills.  Two-thirds of the finance workforce did not agree that leadership understood the needs of the workforce.  Similarly, ...

Emerging technologies such as generative AI have caught both business and tech leaders unprepared, said PwC recently. The company’s 2024 ...

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

Finality in blockchain refers to the unchangeable confirmation of a transaction or a block of transactions. This is attained by ...

Generative artificial intelligence is stepping in the scene of marketing content production, according to Deloitte Digital’s new research. The study, ...

When it comes to business sentiment, business leaders remain confident on three-year outlook though they are now grappling with multiple ...

In the face of the many advancements now in data and technology, it is undeniable that accountants are put in ...

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

Global volumes of initial public offerings around the world fell 5% year over year in the first three quarters of ...

One of the major IFRS 17 challenges is that it’s disrupting business as usual for insurers. According to a WTW ...

...the US, Netherlands and Italy The increase continues at an accelerated pace in 2023, followed by a more tempered increase in 2024. In 2023, ...

...for India & Asia Pacific markets, working closely with the leadership team to drive financial performance, operational efficiency, and support ...

The global economic growth is estimated to reach 3% in 2023 and 2.7% in 2024, said OECD recently. A disproportionate ...

...Japanese industries to improve productivity, quality control, risk management and customer experiences, thereby driving economic growth and technological leadership. AI ...

Cash management has made its way into becoming a key competency for leadership teams in protecting their companies’ overall long-term ...

...young and nimble pure plays were able to attract investors, government support, and talent by developing strong leadership positions in ...

...allow each specialist to take on their role at the same time Ensure data integrity through multiple layers of security, ...

A majority of business and personal activity involving sending Chinese data abroad will no longer need to go under a ...

...Planning & Analysis. Vena Energy is a finalist in the same category. * Editor's note: FutureCFO is inviting submissions to ...

...enterprises will use internal AI platform by 2026, as leadership teams do not want to fall behind peers. However, as ...

...a cloud-based, real time intelligence feed, saving hours of development time and reducing business disruptions.  John Appleby “The new functionality ...

...were only 24 unique files being distributed in the same period of last year in Singapore, the firm noted. The ...

Enterprise cloud application provider Workday, Inc. launched a series of new artificial intelligence and machine learning tools to boost employee ...

...the region surpasses that of US/Canada by 39.8%, showing partly the escalating intricacy of compliance requirements. Globally, 78% of organisations ...

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

Treasury professionals see macroeconomic risk as one of the hardest to manage. According to Association For Financial Professionals’ 2023 AFP ...

...advancing commitments in the area serving as the top innovation goal for technology over the coming two years. the number ...

...further dampen investors' poor appetite for trust products and trigger early redemptions, potentially setting the tone for a negative feedback ...

...data sets, generative AI trains itself to identify fraudulent events before they occur. Open-source generative AI models, such as generative ...

The fact that investment tools developed by artificial intelligence share core technology poses underlying risks in the stability of the ...

The chief financial officer role in organisations has been evolving, with mid-size and small firms, including start-ups, now embracing the ...

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

Generative Artificial Intelligence has found its way into India’s goods and services tax (GST) management landscape, serving as a powerful ...

Travel providers are embracing automation and next-generation technology to ease workforce constraints as they rebound from lows brought by the ...

Hong Kong’s economy is poised to rebound strongly this year, before moderating toward trend growth next year, said ASEAN+3 Macroeconomic ...

...to 2 billion people use Google Sheets every month. At the FutureCFO conferences in Manila, Jakarta and Kuala Lumpur, at ...

It is a given that good collaboration between different functions within an organisation is crucial for the company’s success. This ...

British multinational oil and gas company BP named Kate Thomson as its interim chief financial officer, according to an announcement ...

...employers have divergent views on talent, culture and leadership Source: EY 2023 Work Reimagined Survey Note: Agree includes “agree” and ...

...cover insights from 17 markets: Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Italy, the Netherlands, the Kingdom of ...

The Taskforce on Nature-related Financial Disclosures on Sept. 18 released its final recommendations on nature-related risk management and disclosure, aligned ...

Trust in AI remains a concern among the majority of business leaders though they believe their organisations would benefit from ...

...processes evolve accordingly. Interim solutions If a company is in between full-time CFOs, a fractional CFO can step in to ...

Defaults among APAC high-yield nonfinancial firms will decline in 2023, with the default rate falling to 4.9% from 11.7% in ...

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

...as controlled risks. * Editor’s note: Nokuaki Hojo is the winner of the FutureCFO Excellence Awards 2023 in the category ...

When it comes to tax transformation, compliance is seen as the greatest challenge among 43% of companies surveyed by Deloitte. ...

BlackLine said it has announced the first AI-enabled intercompany accounting capabilities.  Designed to prevent transaction failures before they occur and ...

Unmanaged digital sovereign risk is set to impact 30% of multinational organisations that will experience revenue loss, brand damage or ...

Asia Pacific sovereigns are seeing diverging reserve dynamics, said Fitch Ratings recently. Some central banks have been able to accumulate ...

...Excellence Awards 2023 in the category of Leadership in Competencies and Capabilities. * Editor's note: FutureCFO is inviting submissions to ...

...secure are more likely to seek feedback at work and use it to improve their performance (57%) than those who ...

Atradius has recently upgraded its global GDP growth forecast for 2023 to 2.4%, which is a slowdown from 2022 but ...

Asia Pacific business leaders eye AI and dealmaking as fears of a severe recession fade. This is according to the ...

...firm noted, adding that they see sustainability’s high costs in the context of the rising costs of inaction, and they ...

Asia’s emerging market economies are driving global growth and are expected to outperform advanced counterparts in terms of GDP growth ...

...one as well as advice on how to upskill oneself to become a transformation leader. The interview is part of ...

When it comes to the latest M&A trend, business leaders expect to see a rebound into 2024, according to EY. ...

Top industries in Hong Kong expected to hire thoughout 2023 include banking and finance, technology, and sustainability, said Hays recently ...

There is a sign showing a surge in cybercrime, according to Check Point Research (CPR)— the threat intelligence arm of ...

Global business optimism is rising as inflation starts to show signs of easing. According to Grant Thornton’s International Business Report ...

Optimism in ASEAN remains though inflation is fuelling concerns about a possible economic downturn in the region, said UOB recently ...

...At a recent roundtable discussion, co-organised by FutureCFO and Moody’s Analytics senior finance executives dissected the issues and concerns that ...

When it comes to the main credit risks, inflation and interest rates remain the most significant watch item for global ...

There is an overlooked multi-trillion dollar opportunity in consumer business, said BCG recently. This overlooked multi-trillion dollar opportunity comes from ...

...relations while providing counsel for the administrative finance, business analysis, and feasibility teams in the region.  During her career with ...

...person,” he added. FutureCFO spoke to Robert E Parker, CFO for IBM Asia Pacific, for his perspective on how finance ...

Business leaders’ confidence in AI are tempered by social, ethical, and security risks, said EY recently when releasing results of ...

...career journeys. This interview is part of FutureCFO's Female Leadership in Finance Series. Lucia Real-Martin is the Executive Director, Relationships, ...

...4,000 customers globally. Gearing up for next-gen finance One company that has recently transformed its shared services functions is DFS ...

When it comes to planning and budgeting, Forrester advised that more realistic budget expectations will serve leaders well as they ...

...Computing and infrastructure (about 10% of metaverse market size in 2030). Hardware companies will face pressure to develop higher-performing chips, servers, ...

Hong Kong employees prefer working in local firms and particularly in the energy and environmental sector, said Randstad recently. Out ...

...educate corporate leadership on the necessity for caution and transparency around the use of such tools so that intellectual property ...

Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit ...

...infrastructure and maritime sectors. The company recently won the FutureCFO 2023 awards in the category of "Most Innovation Use of ...

When it comes to the highest expatriate packages, Hong Kong re-entered the top five global locations in 2022 — up ...

...cyber security measures to prevent against phishing, the most common vector for initial network access.   Systemic risk: Managing systemic risk ...

...40% have an up-to-date tax transparency strategy for their group, which has been tested with the senior leadership. • 37% do not expect ...

...development, orchestration, integration and deployment of AI. Gartner predicts that more than 55% of all data analysis by deep neural ...

The sharp rebound in global confidence in the aftermath of Russia’s invasion of Ukraine has ended, according to the latest ...

Global VC investment dropped for the sixth consecutive quarter in Q2’2023 – falling from US$86.2 billion across 10,121 deals in ...

...All six economies have scope to benefit in this area — particularly China, given its relatively low educational attainment on ...

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

...SMBs and midmarket businesses will enable them to thrive and succeed in a rapidly changing business environment. FutureCFO spoke to ...

Hong Kong-headquartered Rosewood Hotel Group recently announced the appointment of Kevin Yung as CFO.  In the past years, Yung was ...

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

...with FutureCFO and his peers. Macaire joined Techcombank from HSBC, where he worked for 15 years in senior leadership roles ...

...alternate distribution network that drives scale and a more cost-effective acquisition strategy for banks. Additionally, merchants and business-facing platforms can ...

The global economy is more resilient than previously, said IMF recently when unveiling its latest World Economic Outlook. The IMF ...

The top strategic business priority shared by CFOs and CEOs is growth while they rate inflation as a top factor ...

...hit $202 billion in deal value during the first half of 2023, a 58% decline from the first half of ...

...operations will drive steady earnings at integrated Chinese national oil companies. Food and beverage and internet companies will benefit from ...

China’s economic growth would stay above target though recovery momentum fades, said Fitch recently. Recent data point to a swiftly ...