Digital Transformation for the Modern CFO
The Covid-19 pandemic has caused loss of revenue for business and has disrupted their supply chains, triggering them to closely monitor the current and potential long and short term effects of the pandemic on business continuity and ultimately survival. With the continuous fluctuation in markets, lack of concrete answers and everchanging landscapes across the business supply chain, CFOs and Heads of Finance are facing huge challenges when performing their daily tasks, especially preparing the financial statements and reporting.
Amid this situation’s uncertainty, the CFO’s role has become more critical than ever before as they are required to play a strong, central role, alongside the management team in stabilising the business and positioning it to thrive when conditions improve.
In order to ensure business continuity and to survive the crisis, CFOs must make the leap from Excel spreadsheets to next generation digital and financial transformation technologies. Digitising and automating core business processes has proven for many key sectors to reduce their exposure to unpredictable market fluctuations and enable financial resilience.
This boardroom is hosted to provide an opportunity for CFOs and Finance Heads to deliberate best practices, innovations and solutions to streamline the financial budgeting, planning, forecasting, consolidation and reporting processes, help finance teams improve efficiency and productivity, and enable faster decision making.