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ExecOpinion: CFO’s guide to AI’s impact on risk management

Future CFO

The dual nature of AI in risk management AI is heralded as one of the most significant innovations of our time, offering both immense potential benefits and considerable risks. Therefore, CFOs must ensure that their organisations are equipped with AI-driven cybersecurity solutions to mitigate risks effectively."

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Bank of China Is Leading the Way in Green Finance

Global Finance

It has implemented climate risk management and disclosure under the framework of the United Nations Principles for Responsible Banking (PRB) and the Task Force on Climate-related Financial Disclosure (TCFD). Strengthening ESG Risk Management BOC has prioritised customer Environmental, Social, and Governance (ESG) risk management.

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

Future CFO

At the FutureCFO Conference series, organised by Cxociety, finance leaders in Indonesia, Malaysia, Singapore, the Philippines and Thailand ranked automation and degitalisation (80%), investing in talent and employee development (58%) and continuous innovation (47%) as the top three strategies most important to sustainable growth in 2024.

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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. In his view, there is still room for growth for Finance teams, particularly in fully leveraging AI-driven automation.

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Leveraging ESG initiatives for business value

Future CFO

Finance leaders are wedged into a position of not only overseeing the implementation of financial controls and risk management strategies to safeguard their organisations throughout the transformation journey, but also in spearheading the company to find and implement initiatives to drive value.

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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

Business case assessment When organizations consider major investments or initiatives, building a strong business case is essential to evaluate feasibility and ROI. Risk management Effective risk management requires identifying and quantifying financial risks, such as market volatility, currency fluctuations, or operational disruptions.

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10 Best Practices for FP&A

The Finance Weekly

This issue hampers forecasting accuracy, risk management, and resource allocation. Without accurate insights, businesses struggle with forecasting, risk management, and resource allocation. For example, if customer retention impacts profitability, companies can invest in loyalty programs or customer service improvements.