Tag: CFO issues

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

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

It is a given: among the imperatives of today's business processes for the finance function and for chief financial officers ...

Chief financial officers are planning to increase budgets for employee compensation, according to a survey by Gartner, Inc. In the ...

Gartner says weak demand and rising costs will shrink earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins by more ...

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

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

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 ...

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

The Association of Chartered Certified Accountants qualification is gaining popularity in India, according to Helen Brand, the body's chief executive ...

After the tumult of the pandemic years, many technology companies are now seeking stability through long-term profitable growth. An organisation’s ...

https://youtu.be/eHND7xFhKd8 Accountants and other professionals involved in implementing sustainability reporting regularly face ethical dilemmas. The Association of Chartered Certified Accountants ...

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

There are six key drivers of transformation success that CFOs must know, said EY when releasing results of its research ...

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

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

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

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

Editor’s note: Alex Macaire (pictured), Group CFO of Techcombank in Vietnam shared the bank’s ongoing digital transformation journey, its learning ...

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

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

Editor's note: Steve Vintz (pictured), CFO at Tenable — an exposure management company — shared with his professional peers what ...

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

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

In today's world, one thing is certain – uncertainty. This notion is reinforced by the World Uncertainty Index (see Figure ...

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

To mitigate risks of bank failures, 28% of CFOs plan to diversify deposits across more banks, said Gartner recently when ...

Autonomous finance is set to transform roles in the function through 2025, said Gartner recently. According to the advisory firm, ...

Cost cutting might be the first thing that comes to mind when there's economic uncertainty. Lee Thong Tan (pictured), CFO ...

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

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

The war for finance talent will continue while 11% of positions in finance and controlling are vacant, said management consultancy ...

The top CFO priority in 2023 is evaluating finance function strategy, scope and design, said Gartner recently. A survey of ...

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

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 ...

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

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

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

Talent hiring and retention is the toughest among the top challenges for CFOs over the next 12 months, said Gartner ...

CFOs in Asia Pacific are rarely informed by information security teams about cyber security risks despite being confident in their ...

When it comes to CFO technology priority, back-office automation is seen as the key to cost reduction in the face ...

Budget cuts for real estate/facilities management and finance functions are the most likely in the next 12 months, said Gartner ...

When it comes to corporate investment, M&A and sustainability will be the first areas to face cuts in organisations feeling ...

When it comes to finance AI, the key to success is not only about investing the most time or money, ...

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

To achieve autonomous finance, CFOs must make three key mindset shifts, said Gartner recently at the opening keynote of the Gartner ...

CFOs are likely to maintain or increase enterprise digital investments in the next two years even if inflation persists, according ...

CFOs respond to inflation with raising prices as their primary strategy but they also recognise that this strategy is unsustainable ...

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

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

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

Corporate social responsibility (CSR) crises can have strong negative effects on organisations. For instance, in 2010, British Petroleum (BP) was ...

The Great Resignation is impacting companies in Asia as well, said Lee Thong Tan (pictured), CFO Practice Lead for Asia ...

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 ...

CFOs’ top priorities for future-proofing teams include technology investment for talent retention and attraction as well as hiring people with ...

Geoff Soon (pictured), Senior District Manager for ASEAN, Snowflake spoke to FutureCFO about the consumption business model, how it would ...

While 76% of finance leaders in companies around the world now back the need for globally consistent ESG standards, obstacles ...

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

Many CFOs in Southeast Asia have yet to begin their finance function transformation journeys though they recognise the need to ...

The past two pandemic years have been a rough ride, not just for businesses but for finance leaders too. Most ...

The new Asia Pacific Chapter of the Accounting for Sustainability (A4S) Chief Financial Officers Leadership Network has been announced at ...

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 ...

The CFO role has evolved more apparently during dramatic changes brought by the pandemic, increased attention to social and environmental ...

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 ...

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

A global survey of 111 CFOs from different industries in July revealed that 60% of organisations experienced wage inflation in ...

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

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

Only 19% of CFOs have automated nearly all their finance processes and are currently handling financial reporting digitally, said Workday ...

A Gartner survey on CFO investment indicates that 82% of respondents plan to increase their budgets for digital capabilities in ...

While  62% of organisations expect external audit fees to rise this year, they could combat this by automating their internal ...

We’ve all been in situations where people use quality of data as a smokescreen to avoid the real business conversation ...

While CFOs surveyed recently by Gartner are likely to invest in AI, they need to adopt a different AI approach ...

A CFO roundtable discussion, jointly hosted by FutureCFO and Workday, highlighted the rising value of data in the CFO organization, ...

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

CFO confidence about the global economy has been at its highest since 2018, according to a CNBC survey. According to ...

CFOs need to co-pilot in new business models, lead in data governance and wear several hats, said ACCA recently when ...

Organisations that achieved unexpected cost efficiency gains as a result of operational constraints due to the pandemic risk losing these ...

Geoff Soon (pictured), Managing Director, South Asia at Snowflake shares with FutureCFO audiences how data and data analytics can help ...

Finance functions are likely to invest in four emerging technologies, according to a Gartner survey of 167 finance organisations conducted ...

At the launch of a recent report examining the effectiveness of financial fraud risk management, Julie Bell Lindsay - the ...

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

CFOs will fail to realise the full value of new technology investments unless their teams are equipped with five key ...

Lee Thong Tan (pictured), CFO Practice Lead, Asia at Workday shares with FutureCFO audiences why cloud is important for finance ...

The pandemic has driven CFOs to accelerate digital investment timelines from the pace of a multi-year marathon to a 12-month ...

The CFO will emerge as one of the C-suite’s most critical roles in reframing the future of the enterprise post ...

The CFO role is continuing to evolve with additional responsibilities and that the global pandemic has brought these changes on ...

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

These are the times where building resiliency is the best, or rather the only way, to respond to the current ...

Only a third of firms drive returns greater than the cost of capital, said Gartner recently when releasing the results ...

CFOs are most concerned about the effects of a global economic downturn (60%) and the possibility of a new wave ...

While CFOs’ continued effort in cost cutting doesn’t come as a surprise, real estate is one of the most targeted ...

While finding ways to recover from the coronavirus pandemic remains a global focus, climate risk is simmering in the background ...

Gartner said recently that it has identified nine traits CFOs should implement for better performance during the coronavirus pandemic.  According ...

PwC said its latest COVID-19 CFO Pulse survey reveals a sense of optimism among finance leaders about their companies’ ability ...

Gartner said recently the number of companies furloughing staff as well as cutting salaries and workforce in May and June ...

A Gartner survey of 99 CFOs and finance leaders taken April 14-19, 2020 revealed that 42% of CFOs are not ...

A Gartner survey of 145 CFOs and senior finance leaders on April 12, 2020 revealed 51% of respondents said they ...

Is your company doing the same? A Gartner survey of 200 CFOs on March 17 revealed that 81% intend to ...

Security, analytics and customer service tare op CFO concerns as leaders focus as much on strategy as operations, said Protiviti ...

Are you one of the personally effective CFOs? According to Gartner, only 22% of CFOs achieve a high degree of ...

While disruptive changes take place at an unprecedented rate, disruptive trends, when viewed positively, can bring about CFO opportunities. These ...

Organizational transformation through the adoption of new technologies has been critical in revolutionizing business functions including finance departments.  From SMEs ...

HSBC’s CFO Ewen Stevenson said the bank plans to restructure its loss-making businesses after announcing an 18% year-on-year drop in ...

While enterprises understand the importance of security, many still might lack a dedicated cybersecurity budget and a relevant culture to ...

The CFO role is facing a turning point: driving year-over-year double-digit profit growth is getting tougher while technology is advancing ...

More than 60% of respondents in mainland China and Malaysia said the traditional CFO role would not exist within the ...

Find out what finance leaders look for when considering upgrading their technology. Download

Chinese CFOs are enhancing their analytical skills and looking for other ways to support strategic decision-making.