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Financial alchemy: How CFOs can lead the tech revolution in their organisations

Future CFO

Source: Data collected during the FutureCFO Conference series in 2024, Cxociety Research Coming into 2025, as finance leaders face mounting pressure to do more with less while driving growth and maintaining compliance, they are turning to digital solutions and holistic approaches to reshape and modernise financial processes.

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Taking a strategic approach to AI adoption

Future CFO

He concedes that AI has significantly transformed finance teams by automating processes, improving forecasting, and enhancing risk management, but he notes that its effectiveness depends on access to up-to-date data.

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PodChats for FutureCFO: AI trends shaping the future of finance

Future CFO

Organisations that effectively harness these innovations expect to see marked efficiency improvements, facilitate more rapid adherence to evolving compliance regulations , and remain competitive in a fast-evolving market. This enables finance leaders to adapt to changes progressively while ensuring that AI tools align with legacy systems.

Finance 52
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PodChats for FutureCFO: The intersection of AI and ERP for business success

Future CFO

For example, AI automates risk management and cash forecasting processes using machine learning to generate more accurate and timely predictions,” he elaborates. Finance teams should establish a framework that incorporates regulatory requirements into their AI systems, utilising automated compliance checks and reporting tools.

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Global banking trends: Challenges and opportunities in 2025 and beyond

Future CFO

Sethi points out that while banks have significantly invested in upgrading legacy systems, the digital transformation process is still ongoing. He categorises these investments into "Run the bank," which focuses on maintaining day-to-day operations and regulatory compliance, and "Change the bank," which involves transformational initiatives.

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The role of AI in accounts payable automation

Future CFO

Charlie Cheah , managing director, Esker Asia , believes that CFOs and in a bigger context, the Office of the CFO in Asia, face several challenges when integrating AI into financial systems, given the region's diverse technological landscape. "In Regulatory Variations: APACs regulatory environment for AI is still evolving.

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Key Considerations for Small Business Financial Regulation

CFO Plans

Understanding the Complexities of Financial Regulation for Small Businesses Financial regulations are crafted to uphold the integrity and stability of the financial system. For small businesses, the challenge is unraveling these regulations and implementing effective compliance measures.