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
Various departments in most corporations are beginning to hire data scientists for their own needs; this is a particularly critical pivot finance leaders will have to make in order to leverage , new digital tools. Finance leaders can encourage rotations and other development programs for the , existing workforce.
The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveragingdata and technology.
More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management.
Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporatefinance and, as of recent years, are accelerating their shift into the cloud. “It’s a love-hate relationship with Excel,” said Lipps.
Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporatefinance function manages its strategy, processes, internal controls, and financial reporting. The post ExecOpinion: Finance transformation: Strategies in 2023 appeared first on FutureCFO.
That means corporate treasurers are collaborating closely with other business units and leveragingdata and analytics to supply critical insights into finance and risk issues and improve cash flow.
The discussion around sharing financialdata today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. “Stand-alone businesses are concerned with their own financials,” he said. ” .
We provide career development resources and unbiased content and established and administer the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. That’s the future. What are some of the key resources AFP offers for FP&A professionals?
To properly guide the board on corporate governance issues, you must familiarize yourself with the problems that today’s companies are facing. From there, you can decide how to leverage your financial acumen and recommend the best way forward. But corporate governance isn’t static.
. “Fortunately for almost all big businesses,” Rinke recently told PYMNTS, “there is a data stream that’s already being created and aggregated within their IT systems, documenting every action that takes place, called event logs.
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