Remove Compliance Remove Pharmaceutical Remove Risk Management
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5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. All involving Excel data manipulation. One company we spoke to–a $110M equipment leasing firm–has been looking for a way out of this Excel mess for three years.

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Futuristic Finance: Strategic Thinking for Tomorrow’s CFO

CFO Talks

Practical Steps: Invest in AI and Machine Learning : Utilize AI to automate routine tasks such as data entry, payroll processing, and even some aspects of compliance and risk management. Example: A pharmaceutical company’s CFO championed the creation of an innovation fund that employees could apply to for pilot projects.

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Developing an operational data strategy for an AI-ready, data-centric business

Future CFO

The organisation’s data management journey has continuously evolved, and the Department has been working with government agencies to strengthen risk management practices. Chung concurred, sharing how working with the pharmaceutical industry was one of the toughest Extract, Transform, Load (ETL) tasks he had encountered.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. All involving Excel data manipulation. One company we spoke to–a $110M equipment leasing firm–has been looking for a way out of this Excel hell for three years.