FASB studies AI use in financial data analysis
CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
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CFO Dive
MARCH 3, 2023
The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.
CFO Plans
DECEMBER 2, 2024
In the ever-evolving landscape of financial services, the role of a Chief Financial Officer (CFO) is more pivotal than ever, particularly in industries like hospitality. Discover Expert CFO Strategies for Hospitality Growth to unlock new opportunities and drive your business forward.
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Inside The Mentoring Round Eliran Glazer, CFO at Monday.com, emphasizes the importance of balancing growth with efficiency by using clear KPIs and metrics to measure business health and ROI from online marketing campaigns. Glazer encourages CFOs to embrace technology to stay efficient and competitive.
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In 2019, she was appointed CFO and Head of M&A for Magneti Marelli and CFO for the EMEA region within the broader Marelli Group. In 2021, she took on the role of CFO and Head of M&A at the Iren Group, a multi-utility company listed on the Italian stock exchange.
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This 2025, CFOs in Asia face unprecedented challenges in navigating a landscape shaped by rapid technological advancements, evolving consumer behaviours, and heightened regulatory demands. The finance function must adapt to digital disruption, integrating automation and real-time data analysis to enhance decision-making processes.
Centage
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Continuing our list, we examine real-time data analysis, predictive analytics, Zoom fundraising, daily reporting and automated waterfalls.
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Members’ Profile: Ntombi Melamu In this edition of our CFO Spotlight series, we are featuring Ntombi Melamu, the Managing Director and Founder of FinAscend, a firm she established in 2019 to support small and medium-sized businesses with tailored financial solutions. What advice would you give to someone aspiring to be a CFO?
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For ACCA, accounting professionals are uniquely positioned to contribute to harnessing AI's potential while maintaining robust safeguards through their expertise in controls, data analysis, and business impact assessment.
CFO Leadership
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Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management. Inflation moved down to the third-ranked impact, tied with the US regulatory environment at 13%.
Future CFO
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Driving digital transformation Often responsible for the company’s core ERP system, Ho says CFOs are increasingly taking an interest in technology itself and helping to lead the company through the evolving technology landscape to a better future. There is a clear distinction between data analysis for analysis sake (e.g.
Future CFO
APRIL 3, 2023
Using machine learning and artificial intelligence (AI) for forecasting and predictive analysis is the next frontier for companies, where efficiency gains from RPA can help create more time for higher-value work such as AI-enabled data analysis and forecasting.
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In this episode of The Mentoring Round , former Tableau CFO and Caliper CEO Damon Fletcher shares insights on the challenges of customer acquisition as a startup and the growing trend of consumption-based pricing in software.
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Future CFO
SEPTEMBER 10, 2023
“I think we need to recognise that the CFO role can mean a lot of different things in different businesses. It really depends on the type of business, their strategy and the type of skills they want the CFO to lead on.” Dan Wells, CFO at GrowCFO Charisma. Persuasive. These are qualities we often equate with leaders of the past.
Future CFO
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The study was designed to update understanding of market practice for the assurance of ESG or sustainability information globally, having reviewed 1400 companies across 22 jurisdictions.
CFO News
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Key initiatives include AI-driven quality checks, real-time data analysis, and the upcoming launch of the SAKSHAM-AI/ML platform for improved decision-making and service efficiency. Godrej Capital is utilizing Generative AI (GenAI) to enhance customer service, analyze interactions, and manage credit risk.
CFO Thought Leader
MAY 14, 2023
He told me that he thought that I was already ‘doing the work’ and that I should have a conversation with board—so I did,” explains Lester, who would be named CFO of Keap in early 2020. View finance as a teaching part of the organization and empower others to be inquisitive about the data.”
Adam Kae
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A Fractional CFO can help you discover how to develop accurate and detailed budgets, align them with your agency's goals, and effectively forecast revenue and expenses. You get access to a Virtual CFO ( , CFO Adam ) for only $97 per month. Are you ready to feel the financial benefits of a Fractional CFO?
The Finance Weekly
DECEMBER 5, 2023
Strategic Leadership Given the rapid transformation of business models, especially with the ongoing green energy shift and the , pervasive XaaS trend , CFOs play a crucial role in guiding strategic discussions within their companies. Revamp Finance Operations As the , CFO's responsibilities grow, the finance function's impact also expands.
CFO
APRIL 18, 2022
CFO’s reporting has illuminated, and studies and surveys have shown, the finance chief not only is needed as a strategic leader within the organization but increasingly yearns to perform in this role. The post Metric of the Week: CFOs Prefer Strategy Over Management appeared first on CFO. Part of any company’s.
Future CFO
JULY 17, 2023
Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. BI and data lakes greatly enhance treasury analysis, insights, and reporting, enabling better decision-making.
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"The increasing use of new technology has been the post-pandemic trend with organisations maximising the power of technology to expedite their recovery, identify new ways to enhance efficiency and identify new strategies through data analysis."
CFO Thought Leader
APRIL 4, 2023
This was a huge leap for me as far as understanding the business through data analysis and other aspects went,” observes Yaakobovitz, who—after 7 years with SanDisk—next sought to slow things down for a year or two as her young family grew by joining an M&A consultancy promising more manageable hours. 48:06] Working with mentors.
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The “branches” off each decision alternative that result use data analysis to forecast the most likely outcome of each decision. Basically, it is a visual version of an “if this then that” statement across all possible alternatives.
CFO Share
JULY 27, 2023
Read on to learn about the evolving AI landscape and explore the advantages, challenges, and future implications for CFOs, shedding light on how this powerful tool is revolutionizing the traditional responsibilities of finance leaders. Part-time CFO services can help your business take the best decisions based on the outputs given by AI.
VCFO
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The Workplan Analysis Process. Workplan analysis is led by a senior CFO or CHRO professional with deep experience in applying the tool and a full understanding of the concerns, questions, and decisions that need to be weighed. experience, expertise, education, and training) may be affecting outputs.
Jedox Finance
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In a perfect world, we would like an EPM system that manages organization-wide planning, reporting and analysis. Traditionally, organizations used to look at those processes as part of their “Office of the CFO” activities. Collection of organization-wide financial and non-financial data. Analysis and calculation of major KPIs.
Planful
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They also discussed best practices in governance for private equity-owned companies and the role of the CFO. CFO coordinates communications between owners, CEO, operating management. CFO should be active advisor to CEO, voice of reason, help make decisions based on fact vs. emotional attachment to certain parts of the business.
CFO Leadership
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Steer toward an architecture strategy that creates a single data repository that can be used for one-off problem solving and lets you add new AI analysis and assistance as they emerge. The post The CFO’s Guide to AI and Machine Learning first appeared on CFO Leadership.
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CFO Leadership
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The post Use AI and Insurance Insights to Make Better Decisions first appeared on CFO Leadership. The post Use AI and Insurance Insights to Make Better Decisions appeared first on CFO Leadership. Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here.
Future CFO
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Future CFO
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Delivering products even Accenture's The Cloud First CFO Study – 2022 edition reveals that in a survey of 740 finance leaders across 15 industries and 11 countries, 39% say the CFO now leads the cloud journey for the whole enterprise.
Future CFO
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FutureCFO spoke to Robert E Parker , CFO for IBM Asia Pacific, for his perspective on how finance teams can and should take interest in the potential of AI, and arguably that waiting for the technology may not be in the best interests of the function and the company.
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Real-time analytics Real-time analytics enables organisations to monitor transactions and user behaviour instantaneously, facilitating swift fraud detection and prevention through effective data analysis and machine learning techniques.
CFO Leadership
MAY 31, 2023
Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management. Inflation moved down to the third-ranked impact, tied with the US regulatory environment at 13%.
CFO Leadership
OCTOBER 10, 2023
The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership. The post Preparing Your Finance Organization for the New Era of AI appeared first on CFO Leadership. Learn more about how we can help you achieve your business goals today.
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Implementation across functions At the forefront of AI adoption, ACCA says data analysis and reporting emerges as the clear leader. In the audit space, AI offers enhanced capabilities for data analysis – enabling auditors to process information and identify outliers or anomalies more efficiently.
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