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
Here’s why: The Pace of Change is Unprecedented In today’s world, technologies evolve rapidly, markets shift overnight, and customer needs are constantly changing. Adopting New Technologies Let’s say your company’s traditional financial tools are no longer meeting your needs.
When facing professional challenges, my approach is centred around maintaining a problem-solving mindset and a proactive attitude. This helps in developing a well-informed strategy to tackle the problem. I completed all my degrees through part-time, online study while working full-time and raising children.
Winnie Law , CFO, Technology & Operations (T&O), Global Functionsand Fit for Growth, Standard Chartered , believes the war on talent continues to be a challenge as the role of Finance pivots from being mere number crunchers and financial journalists to strategy influencers.
The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.
Developing specialised expertise expertise—whether in fundraising, M&A, technological transformation, or another key area—can set you apart as a leader.” This requires expertise beyond finance, including knowledge of the global economy, market trends, laws and regulations, business strategy, and emerging technologies.”
Certifications such as SAP Certified Application Associate or SAP Certified Technology Consultant can be strong indicators of technical expertise. Ultimately, our job is to help clients achieve their business goals rather than just move to new technology solutions! Problem-solving often requires thinking beyond the software itself.
Not only does this make your department more efficient, but it also builds problem-solving and leadership skills. Adopt Technology and Innovation Technology is reshaping the finance world, and your team needs to stay ahead of the curve. However, adopting technology isnt just about implementation; its about training.
Whether you’re a finance professional, business owner, or decision-maker, understanding how to leverage FIS can mean the difference between reactive problem-solving and proactive success. Whether a company wants to manage its cash flow, detect fraud, or track sustainability efforts, modern financial technology makes it possible.
So, our goal is to take the departments that deal with the most humdrum around their technology and free them up to have fun! We love bringing those unique perspectives to problemsolving and work closely as a team to ensure we’re crafting the right solution for each client’s specific situation! Tech should be fun!
Mid-Atlantic Midwest: Fifth Third Private Bank While having more than 160 years of local knowledge in the two key, highly industrialized US regions, Fifth Third Private Banks secret to staying at the top is an intricate mixture of innovative offerings, strategic technology use, and undisputed regional positioning.
Different work styles, communication preferences, and problem-solving approaches may create friction. This not only promotes collaboration but also enhances problem-solving by ensuring that diverse perspectives are considered. However, a diverse team can also present management challenges.
Global Engagements : Regular participant in international finance conferences, helping shape a modern, technology-driven finance department. This broadened her skills and highlighted the importance of cultural sensitivity, teamwork, and innovative problem-solving.
Ninety percent of finance functions will be deploying at least one AI-enabled technology solution by 2026, but less than 10% of functions will see headcount reductions, according to Gartner, Inc. The post 90% of finance functions to deploy at least one AI-enabled technology solution by 2026 appeared first on FutureCFO.
believes in "passion, passion, and passion" that is passion for strategic impact, passion to add value, and passion for problemsolving. "As As a finance leader, we may not be in the frontlines or we may not be directly connected to the customer.
The Awards are a testament to how finance empowers the transformation of business models and industries through the creative use of strategic thinking, innovative processes, advanced technologies, and the sheer will of the leaders who lead the function.
It is why the accounting profession is in need to keep up with the technological trends and not be caught off guard by the hurdles on the way, fully understanding the weight and importance of upskilling and reskilling. This transformation is an intertwined act of two complimentary forces: Sustainability and Technology," Abrol explains.
19) that its new platform called WISeAI – a problem-solving Artificial Intelligence (“AI”) solution – will be integrated into the company’s existing Vertical Platform. The combination of IoT Cybersecurity technologies developed by WISekey with Artificial Intelligence solutions are a game changer in our industry.
When team members observe my approach to challenges and decision-making, they gain insights into effective problem-solving and professional standards. Each step has enriched my experience, solidified my commitment to public sector finance, and prepared me for ongoing contributions to governance and skills development.
For most of Human history, when a technologically advanced civilization encounters a vastly technologically society, it usually means extinction for those with inferior tools and weapons. See The Three-Body Problem for what occurs when first contact with Aliens is made.
It’s what happens when employees adjust to work “demands — adapting the technology they use, altering their daily schedules, the way they work, even the way they live their lives and interact with their families and friends — to be better able to meet the increased demands on their time.”.
For businesses, AI and ML hold a powerful allure as companies consider how the new technologies might help boost productivity, cut costs, and gain a competitive edge. Robotic process automation (RPA) is an example of a “ground floor” technology embedded in many software systems such as ERP.
Yet CFOs report feeling exposed when it comes to maintaining and growing their technology skills while also developing digital competence among their finance teams. This is partly due to organisations underestimating the difficulty of change in terms of people’s behaviours, attitudes and talents needed to adopt technology fully.
The Graduate Certificate of Cyber Security, on the other hand, will offer a “comprehensive understanding of cyber security spanning strategy, international orientation, critical analysis and problemsolving, communication, ethics and leadership.”. The offering comes with a predicted $5.2
This transcontinental start marked the beginning of a career defined by global problem-solving, adaptability, and generous helpings of M&A experience. This foundational experience in a fast-paced, technology-driven environment would shape his understanding of finance operations on a global scale. Cohen, […]
His journey has been marked by a deep commitment to operational efficiency and Lean methodologies, with a strong focus on leveraging technology to drive business transformation. Although hired as a Financial Manager, I found myself knee-deep in operations, problem-solving, and finding better ways to work.
As trade finance has gained the confidence of many industry analysts, Barclays reportedly made a “ world first ” with its successful completion of a trade finance transaction using blockchain technology. Using SWIFT infrastructure, the U.K. bank processed a letter of credit between Irish food conglomerate Ornua and Seychelles Trading Company.
Enterprise AI initiatives will boost productivity and creative problem-solving by 50% in the year ahead. Generative AI is poised to increase productivity across all IT roles — not just among developers.
Her transition from a background in biochemistry to her role at FISPAN was a journey fueled by a strong interest in technology and a passion for project management.
Technology advances bring the high-touch experience to more clients, large and small. Challenges often reveal new problems to solve, demanding increased focus on finding innovative ways to improve efficiencies. The underlying distributed ledger technology (DLT) ensures data transparency, openness and multiparty verification.
When it comes to technologicalproblemsolving, innovators can either build entirely new solutions that overcome the challenges of outdated tools, or they can build solutions directly on those outdated tools to improve performance. It's a strategy that depends on businesses' ability to realize the importance of data management.
Embracing technology and data analytics tools will streamline processes, while fostering strong relationships across teams and with external stakeholders will support a collaborative, strategic approach. The game combines strategy and problem-solving as I plan my defenses against quirky zombies while managing resources.
This synergy enhances both realms, fostering innovation and effective problem-solving. Fatema champions the idea that academic research can profoundly inform practical solutions, while real-world challenges can drive academic inquiry.
It’s always a challenge when you start to implement a new technology,” Ramon concedes. Ramon notes that controllers should have a visionary mindset especially when it comes to problem-solving situations to see the impact of each decision-making point and at the same time, be able to synthesise information for management. “A
Although they sound similar, forecasting and predictive forecasting are two different problem-solving techniques. Various methods are also used, such as clustering, driver analysis or regression analysis. Forecasting versus Predictive Forecasting – What is the difference? Forecasting.
The rest of my day is a mix of strategy and project work, focusing on integrating the latest technological advancements into our business processes and building a global business model around them. Regular check-ins with my partners and clients are essential, but I also prioritise time for innovation and problem-solving.
According to the company, leading firms will create internal communities of expertise, while automating or outsourcing tasks that do not require as much problemsolving, creativity, or interpersonal skills. Three areas that Bain said workers can benefit from automation tranformation include: Problemsolving.
Whether you operate in technology, hospitality, manufacturing, trading, or property management, ensure that your chosen partner has a deep understanding of your industry’s unique challenges and opportunities. Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving.
Raised on a farm, Henk Cronje has returned to his roots as Head of Finance at Agri Technovation, a global innovation business focused on crop performance fuelled by science and technology. HENK CRONJE: I think science definitely but on top of that, technology. It’s great to be part of the CFO family.’.
The logistics IT center is slated for downtown Minneapolis and will reportedly create 100 new technology focused full-time positions. Amazon is always looking for the best and brightest software engineers to join our team,” said Dave Glick, VP of operations technology for Amazon.
Technology and finance professionals According to the report, a significant shift is underway in the region, with a strong focus on integrating artificial intelligence (AI) in finance roles, highlighting the necessity for professionals to adapt and embrace new skills.
With rapid changes in technology, including digitization and automation, the World Economic Forum projects that 50% of all jobs will require a change in skillsets by 2027. Recent layoffs aren’t just the result of an uncertain economy. They’re also the result of jobs changing more quickly than employees can upskill to meet business needs.
Technology Proficiency They are comfortable with financial software and technology, including accounting software, ERP (Enterprise Resource Planning) systems, and data analytics tools. Problem-Solving Skills Fractional CFOs are skilled problem solvers, capable of addressing financial challenges and finding innovative solutions.
Whether it’s the fact that you have your money within a bank and, as soon as you do that, you are beholden to that institution for all kinds of other services — or now, increasingly, you have your data captive in an application or a particular institution … That has been the basis of competition rather than true problem-solving features.”.
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