In the wake of rapid disruption, CEO’s & CFO’s are looking to the finance function to take on a considerably broader and deeper set of strategic responsibilities than ever before. Leading finance organizations have developed an agenda to deal with disruption. And with a clear line of sight to the impact of disruption on both the business model and the operating model, the CFO has the chance to turn disruptors into opportunities for competitive advantage and growth. Advances in the blockchain, artificial intelligence, cyber security, enterprise robotics and payments 2.0 have reshaped the finance sector beyond recognition.
Finance leaders who are unable or unwilling to critically assess their people, processes and technology will ultimately fail to become truly valued strategic business partners. Many finance leaders believe that their current finance function is not equipped to meet the demands the future will place on it. To fully embrace the opportunities and meet the challenges of a changing world, the finance function must be equipped with the right tools and have the right team competencies in place. Finance leaders sit at the intersection of two increasingly complex worlds – one inside the business and one outside the business. Rapidly advancing technology, globalization, significant legislative changes, geo-political changes and shifting demographics are upending traditional business models.
The unprecedented pace of change within the finance function, and the wealth of opportunities available to the forward thinking finance leader to transform his or her operations is frankly staggering. Digital finance has precipitated the next wave of finance transformation, but brings its own challenges: what will it mean for you and your finance function? As we head towards a post brexit 2020 finance takes a transformational journey, whilst also forging ahead into newer areas, such as business intelligence, cognitive, and centers of excellence. Future of Finance Live 2019 will ensure you meet like-minded finance professionals who are developing their functions to help drive not only bottom line savings, but also advanced insight and partnering.
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