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Slow and steady won’t win the race
C-suite Communication As we enter the third decade of the 21st Century, the rate of technological change in the world of business continues at pace. Within this context, the CFO’s role is pivotal to their organisation’s success and ability to respond to – and thrive during – this change. As things stand, organisations are simply not acting fast enough to keep up with the rate of technology innovation or benefit from real-time information.
I’m a CFO, get me out of here
In the aftermath of PwC’s review on M&C Saatchi’s financial report, the advertising agency has seen its shares plunge. For the new financial director – Mickey Kalifa – appointed by the company last year and who officially started working for the company in January 2019, this is clearly bad news! In August, M&C Saatchi discovered accounting errors which put the group in a difficult financial situation, where it uncovered a £6.4m irregular charge.
CFOs must prepare for increased R&D activity
Business leaders, particularly those involved in R&D and innovation, have much work to do to prepare for an imminent increase in workload, according to a study which shows that pressure from global governments will cause R&D activity to increase in the next three years.
'A new breed of CFO emerging' - Sage
A new breed of the Chief Financial Officer (CFO) is emerging, with their primary role no longer in financial reporting, but rather in driving strategy and taking technological decisions that affect the whole organisation, according to a report from Sage. The report’s objective, titled ‘Sage CFO 3.0 – digital transformation beyond financial management’, was to investigate the future of business finance.
Longview: Transforming the office of the CFO through connected finance
C-suite Communication Systems & Software The role of CFOs has evolved dramatically over the years. They are expected to develop skills that were not traditionally associated with the accounting function, such as risk management, business planning, and strategic thinking. Today’s CFOs wear different hats as required to become strategic partners to CEOs, helping drive accurate and meaningful business decisions for positioning their organizations for growth opportunities.
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