Remove Financial Reporting Remove Investments Remove Risk Management
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Taking a strategic approach to AI adoption

Future CFO

New research from global data and cloud solutions company Hitachi Vantara found that while Asia is outpacing the world in AI adoption, poor data quality and security risks threaten to stall progress. Cloud-based financial systems have improved collaboration, making data more accessible while ensuring compliance with evolving regulations."

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10 Best Practices for FP&A

The Finance Weekly

Did you know that 35% of organizations identify data quality and timeliness as significant barriers to effective financial planning and analysis (FP&A)? This issue hampers forecasting accuracy, risk management, and resource allocation. Improve steps by doing this: Monitor real-time financial performance to stay on track.

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PodChats for FutureCFO: Architecting an agile finance function in the age of AI

Future CFO

Repetitive tasks, such as financial reporting, are increasingly being automated, freeing up finance professionals to focus on strategic initiatives. A recent report by McKinsey estimates that automation could potentially displace up to 30% of work activities in finance and accounting.

Finance 69
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How Can AI Help Financial Planning?

The Finance Weekly

AI in financial planning uses important technologies like: Machine Learning (ML) - AI learns from data and makes better predictions over time. Natural Language Processing (NLP) - AI understands and processes human language, making it easier to analyze financial reports and documents.

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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. This overview is useful in helping inform managers what corrective actions they can take to manage the risk,” he elaborates.

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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

Developing a solid technical foundation will make these skills second nature, freeing up mental capacity to focus on higher-level challenges as you progress. As you gain experience, start paying attention to strategic thinking and risk management, which are critical at the executive level.

CFO 95
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Enterprise Risk Management and EPM – Separate or Joined at the Hip?

Planful

For another, their biggest risk is ensuring safety on the job sites, but they also face fluctuating demand in the construction industry and the risk this puts on their P&L. Another panelist highlighted their investment in inventory, as well as managing growth in the business. The takeaway? Learn More.