What is a chief financial officer (CFO)?
The chief financial officer (CFO) is the highest-ranking finance professional in an organization and is responsible for the financial health of the business. The CFO’s responsibilities include, but are not limited to: regulatory compliance, budgeting, cash-flow management, financial planning and analysis (FP&A), scenario modeling, advising the CEO on potential mergers…...
Six ways CFOs can increase the likelihood of transformation success
As economic uncertainty continues, CFOs continue to be integral leaders in their organizations’ transformation for long-term competitiveness. Concerningly, nearly half of CFOs surveyed think their organization has gaps in its ability to execute successful transformation. By consciously empowering their people, CFOs can more than double the chances of transformation success…....
Top 10 Priorities CFOs Can’t Afford to Miss in 2023
Key Takeaways Introduction Foster a Culture of Financial Discipline Improve Financial Planning and Analysis Enhance Financial Governance Manage Cost Optimization Improve Cash Flow Management Embrace Digital Transformation Enhance the Role of Finance Business Partners Manage Talent Effectively Drive Sustainable Growth Enhance Stakeholder Engagement Conclusion CFOs need to embrace digital transformation…...
Empowering Finance Leaders for the Future
The evolving global market landscape and its impact on American and Canadian business in 2024 will be influenced by factors like domestic and international monetary policies, regulatory change, technological innovation, and shifts in customer needs. These 2024 economic impacts necessitate an increased capacity for change, and more specifically a flexible…...
CFO of the future
From number cruncher to strategic leader, discover what it takes to become an effective CFO in a series of insightful QnA CFOs are facing a time of unparalleled change and economic disruption. The scope of responsibilities is wide ranging and their influence is more critical than ever before. From tackling…...
The Role of AI in Transforming CFOs: Must Know
One of the most crucial applications of AI in Transforming CFOs is in the realm of financial analysis and reporting. AI-powered systems are revolutionizing how data is collected, analyzed, and reported. This translates to quicker and more accurate financial insights. AI algorithms excel at sifting through massive volumes of financial…...
6 CFO Skills Still Needed Amid Generative AI, ChatGPT
Finance chiefs in 2023 have no shortage of resources at their disposal to help lead their organizations. Consultants, technology companies, other executives (and sources such as CFO), all jockey for a place at the table. And with AI-generative technology now dog-piling onto the long list, the emerging tech offered by…...
CFO challenges in 2023: Their top priorities
Key challenges & priorities for CFOs in 2023 Talent acquisition & retention Enabling and securing post-pandemic growth Reinforcing compliance & risk management Embracing technology & automation What every CFO needs to know in 2023 Strategic utilisation of data analytics Leveraging investments Enhanced team collaboration CFO challenges in the upcoming years:…...
The role of CFO will never be the same again. Here’s why
Discover how the role of the CFO is quickly evolving and learn why automation can make life easier for you and your team. Today’s finance leaders face tough challenges—from economic uncertainty and shifting compliance, to cybersecurity risks and team performance. Pair this with the introduction of new technologies and an…...
Managing Cybersecurity Risk: The Role of the CFO
According to Cybersecurity Ventures, cybercrime will inflict damages totaling $6 trillion, globally in 2021. Cybercrime costs are projected to increase at an annual rate of 15% over the next 5 years, bringing in more profit to organized crime syndicates than global trade in all illegal drugs. Cybersecurity Risk: The Scope…...