SF Magazine: Digital Skills of the Future

“As evidenced by these skills, there will be a need for deeper technical skills in data governance, data privacy/security, process modeling, and application development/testing, especially when integrated with traditional finance skills like revenue generation and cost-efficiency management. A willingness to continually remaster these digital skills as technology changes, along with the ability to clearly articulate the value of the complex interactions between finance and technology, will position the management accountant for continued career growth and success.”

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CFO Insights: Mastering Data for Better Insights—and Competitive Advantage

“In some industries, digital technologies have already reshaped certain aspects of how the finance function conducts business—lowering operating costs, effort, and risk while increasing the analytic value and transparency of financial data.”

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FP&A Trends: Change Management and Analytical Change for FP&A

“The BARC survey “The Future of Planning, Sept 2021” clearly showed Rolling Forecast, Integration with Operational Processes, Simulations and Scenario Analysis, Action and Value driver-based planning are where organisations at going to invest in the future, with 56% planning to invest in technology in the next 12 months.”

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Harvard Business Review: Build Better Management Systems to Put Your Data to Work

“Most companies continue to struggle in managing their data and putting it to work. They expend a lot of time and energy, but don’t get much for their efforts. Quality is low, people don’t trust the data, technical debt is out-of-control, and they miss opportunities to become data-driven, take advantage of advanced analytics and AI, and compete with data.”

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CFO Dive: Technology Literacy is Key for Candidates Aspiring to the CFO Seat

“The study of 500 current CFOs as well as CFO aspirants…found a growing desire among respondents to unlock their organization’s data for greater exploratory views and analysis. Both current and aspiring CFOs cited beliefs that greater access and usage of such data could help to drive forward innovation for their organizations.”

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CFO Journal: How CFOs Can Drive More Value Through IT

“In the not-so-distant past, finance leaders typically played a limited role in IT, periodically huddling with CIOs to scrutinize the figures in proposed initiatives or budgets. The discussion has now expanded into an ongoing conversation about how best to leverage tech spending to support the company’s strategic goals. That changing dynamic mirrors the critical role technology now plays in the enterprise, driving value and sharpening competitive advantage.”

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McKinsey Digital: Digital Transformation on the CEO Agenda

“The point of digital transformation isn’t to become digital. It’s actually to generate value for the business.

Are there more people within my organization that understand how to use technology or data better in their day-to-day working? Is it starting to transform the culture? Can I start to see the metabolic rate of the organization speeding up? Are we making decisions faster as a result of this?”

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CFO Dive: Just 30% of CFO-CIO Relationships are ‘Collegial’: Gartner

“There are a number of steps that CFOs and CIOs can take to work better together, Rathindran said. For example, CIOs can have more empathy for the earnings targets that CFOs must hit, while CFOs could show more empathy for why an iterative approach to funding and executing digital projects is needed, he said.”

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FP&A Trends: Practical Cash Flow Modelling – A Technological Perspective

“A spreadsheet is not a database, it is a personal productivity tool. Data, structure and business rules are all mixed together in an insecure environment that is prone to corruption. In my view, even the most sophisticated cash flow spreadsheet is no more than a prototype.”

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