This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Key to Effective RiskManagement in Business with Chris Weeks, CFO Center UK In the latest CFO Club podcast, we had the pleasure of hosting Chris Weeks from CFO Center UK. Chris shared invaluable insights into effective riskmanagement strategies and how businesses can better prepare for uncertainty.
The dual nature of AI in riskmanagement AI is heralded as one of the most significant innovations of our time, offering both immense potential benefits and considerable risks. For CFOs, understanding this dual nature is crucial. The only way that you can fight AI is with AI.
How External Factors Shape Internal Strategies Through Strategic RiskManagement Picture this: Youre the captain of a ship in a vast, unpredictable ocean. To stay afloat, businesses rely on Strategic RiskManagement (SRM), a proactive way to prepare for challenges and adapt their strategies to stay on course.
The Role of a CFO in Financial RiskManagementManaging financial risks is crucial to ensuring long-term business success. However, small business entrepreneurs are particularly ill-suited for riskmanagement: optimistic, energetic, and abstract. What is Financial RiskManagement?
Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.
As we move closer to 2025, the insurance market presents a window of opportunity with a period of relative stability compared to the volatility of recent years.
Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial riskmanagement is crucial to long-term success.
Many organizations are shifting away from a purely “riskmanagement” approach to ESG and are viewing it as a way to attract customers, investors and talent — a trend that will only increase in coming years, according to Gartner.
Using Predictive Analytics in RiskManagement In today’s fast-paced business environment, managingrisks effectively is more critical than ever. CFOs are tasked with not only safeguarding the financial health of their organisations but also navigating uncertainties that could impact business performance.
Now watch our complete episode Tim Arndts two-decade journey at Prologis propelled him from treasury and capital markets into the CFO office three years ago. Arndts finance leadership style balances innovative thinking with disciplined riskmanagement and a steadfast commitment to team growth.
Business leaders are not sufficiently investing in their organisation’s risk oversight even amid risks that are increasing globally in volume and complexity, regardless of geography. The occurrence of an actual significant risk event suggests a potential breakdown in organisational riskmanagement processes.
Members’ Profile: Anne-Marie de Bruin In this edition of CFO Club Africa’s Members Spotlight, we are introducing Anne-Marie de Bruin, a highly experienced finance professional and the freelance Financial Manager at AM Cross Country Consulting. Leadership and communication skills are equally important.
True enough, the Finance function now is not just about crunching the numbers and making use of data obtained from traditional work, as AI-powered riskmanagement has been deemed a game-changing approach against identity theft and other fraudulent activities. In an article penned by Lina S.
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. As businesses aim for growth, astute financial management becomes essential. Here, financial nuances can make or break expansion efforts.
Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. What key skills should a newly qualified accountant develop on their path to becoming a CFO?
Sustainability and cost efficiency In terms of the role of CFOs in navigating sustainability-related initiatives and cost efficiency, Johary believes that they are a strong contender to lead the organisation. Further, riskmanagement is another area where the CFO shines.
It was, as he describes, a merger of equals, but Arndt tells us that, in the end, it was the legacy management of AMB that would lead the newly formed Prologis. The equal nature of the deal belied a deeper reshuffling of leadership, with AMBs team rising to steer the new entity and subsequently Arndt finding himself on the CFO path.
Be it the geopolitical tension in many parts of the world, the prevailing volatility of energy prices, or the looming crisis that is climate change , there is no rest for the CFO when it comes to navigating the challenges, man-made or otherwise. By being more risk aware, the CFO can assess scenarios relevant to the firm's business strategy.
CFO Gopal Balachandran outlines the companys focus on health insurance expansion, regulatory compliance, IFRS 17 preparedness, and its approach to profitability and riskmanagement. The insurer has achieved a ninefold increase in policy issuance while reducing headcount by 20 per cent, through technology investments.
This proactive approach not only aids in financial riskmanagement but also equips businesses with the foresight needed to navigate uncertainties confidently. Leveraging CFO Financial Insights for Strategic Growth CFO financial insights play a pivotal role in shaping business growth planning.
You have to really incorporate geopolitics into your existing riskmanagement frameworks and its centrally important that those riskmanagement frameworks have a voice at the Board. GF : Who should have the responsibility for understanding geopolitical risk and opportunities?
HDFC Life: Niraj Shah shares insights on the company’s growth strategy, riskmanagement, and the evolving insurance landscape in this conversation with ETCFO.
With the looming threat of client payment delays, businesses must embrace comprehensive CFO Plans to safeguard their financial health and ensure operational continuity. Proactive Payroll RiskManagement Proactive Payroll RiskManagement is paramount when facing client payment delays.
Since 2016, Anne-Laure Autret-Cornet has been the CFO of OSE Immunotherapeutics, a biotech dedicated to immuno-oncology and immuno-inflammation. Global Finance: What has been your biggest challenge as CFO? The post CFO Corner: Anne-Laure Autret-Cornet, OSE Immunotherapeutics appeared first on Global Finance Magazine.
Optimize Your Hiring Strategy with CFO Plans Business Tax Planning as a Route to Savings In financial management, business tax planning is often an overlooked yet vital component. Explore Scalable Payroll Solutions Comprehensive Financial RiskManagement for Business Growth Financial riskmanagement ties all these elements together.
What Role Does Your CFO Play in Contingency Planning? A business’ finance and accounting departments look up to the CFO for guidance—especially now, in light of the unexpected nature of the past two years’ fluctuations. This considered, the role of CFOs in contingency planning and crisis management is indispensable.
Discover How CFO Plans Can Transform Your Financial Operations Transformative Business Financial Assurance Imagine a world where your financial advisors are not just service providers but proactive partners in your business journey. Their hallmark is a guaranteed 30-minute or less response time during U.S.
It’s not unusual in a small company for the accounting manager to become the controller and then become the CFO. Let’s look at these two roles: CFO vs. Controller: What’s the difference? At the basic level, a controller is tactical, whereas a CFO is strategic. What is a CFO? appeared first on CFO Simplified.
In the dynamic realm of Indian real estate finance, CFOs are emerging as pivotal figures, transcending traditional roles to become "Chief Futuristic Officers." " Authoritative insights by Nitin Bavisi, CFO, Ajmera Realty & Infra India ltd illuminate their evolving mandate and strategic imperatives.
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. GF: Where do you devote most of your energy and time?
A s a CFO in today’s dynamic business landscape, you are no stranger to the multifaceted nature of risk. The ability to identify , assess, and managerisks effectively is critical to safeguarding your organization’s financial health and ensuring sustainable growth.
Enhance Financial Strategies with Comprehensive CFO Solutions Strategic CFO services are essential for entrepreneurs aiming to enhance their financial wellness strategies. These services provide a holistic approach, encompassing everything from daily transaction management to financial planning and riskmanagement.
Explore How CFO Plans Can Support Your Compliance Strategy The Significance of Startup Risk Mitigation The road to expansion is riddled with potential hazards. Startup Risk Mitigation is a proactive tactic that involves identifying and addressing risks before they morph into formidable challenges.
Rangnath Deshpande According to Rangnath B Deshpande , CFO – ASEAN at IT services and consulting company DXC Technology , to be of benefit, organisations must identify where AI can be used, and they must understand how it can be of specific use to the business. The post The CFO, Digital Transformation and AI appeared first on FutureCFO.
When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller.
Cash flow management has emerged as a top financial risk that poses the greatest threat to organisational growth, according to a report by insurance company Chubb.
Strengthening riskmanagement The need for effective riskmanagement further underscores the role of CFOs in driving technology adoption. Advanced analytics can provide invaluable insights into customer data and preferences, enabling organisations to tailor their offerings to meet evolving market demands.
This is the findings of the Association of Chartered Certified Accountants in a recent report, revealing that accounting professionals are posed with three hurdles: identifying and managing AI risk as a user in any role, supporting a collaborative approach to riskmanagement, and helping to understand and prepare for regulatory compliance.
In ransomware, we are firmly in the remit of financial extortion and the CFO has a big concern and a big role to play in that respect. Or is it our risk appetite, that we will not pay to two such ransomware requests?’ [If How involved is the CFO in cyber threats. For example, data theft can result in loss of confidentiality.
Providing support to an organisation's finance team is a must in intensifying the focus on riskmanagement. In the Association of Chartered Certified Accountants' Rethinking Public Financial Management report, 73.4% of respondents believed risks to their organisations would increase in the future.
Trintech CFO Omar Choucair discusses emerging roles in AI, emphasizing the critical balance between rapid innovation and riskmanagement. He explains that while 20% of employees eagerly adopt AI tools, many remain hesitant. His insights offer a roadmap for finance.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content