The Ledger
Curated content foranalytical business leaders
Tag Archives: Technology
CFO Journal: Pandemic Sharpens Government Focus on Data
April 14, 2022
“Maintain the emphasis on data technology and relationships established in response to COVID-19. The value generated by these technologies and relationships is too great to let them falter. A data-centric approach provides greater value to constituents while improving performance. And when the next crisis comes, data could play a valuable role.”
CFO Dive: Supply Chains Top CFO Business Risk Concerns
February 22, 2022
“To keep costs down and meet those high customer expectations, CFOs call accurate demand and inventory management their most important supply chain priority. The goal is to leverage technology to replace the just-in-time inventory approach that has been causing bottlenecks this past year with something similarly cost-effective but more resilient.”
SF Magazine: Preparing Future Accountants
February 1, 2022
“The essence of management accounting is internal decision support, which will ultimately impact the internal and external stakeholders of an organization and, consequently, influence the areas of financial reporting, audit, and tax. Management accounting seeks to reflect and provide deep insight into the underlying relationships among resources, processes, customers, economic conditions, and financial and nonfinancial outcomes. The goal is to enable an organization to use information that’s meaningful and timely for creating long-term strategic value.”
SF Magazine: CFOs’ Evolving Views of Tech
February 1, 2022
“Pandemic-induced changes exposed the inefficiencies of some finance teams that relied on manual processes and outdated systems to complete their activities each month.”
Harvard Business Review: 4 Principles to Guide Your Digital Transformation
November 30, 2021
“Clearly, digital transformation is no longer an option, but an imperative. In fact, recent research from Accenture has found that in the three years prior to 2018, firms who led their industry in enterprise technology adoption grew two times faster than laggards. Today, they are growing five times faster. The risk is no longer merely getting left behind, but being eliminated altogether.”
CFO Magazine: Dispelling the Myths About CPM Implementations
November 23, 2021
“CFOs must understand that the benefits of CPM to quickly recoup the investment and lead to value creation in both hard and soft dollars. Among the former, the technology drives down costs by allowing business-unit comparisons to identify and leverage best practices. But there is a soft-dollar return that CFOs should not overlook. CPM technologies enable CFOs to realign their finance department work to higher value-add functions (decrease in data collection, reconciliation, and consolidation; increase in business analyses and support). And, the insights realized as a result of a CPM system investment help finance chiefs make more informed business decisions and more easily course-correct when circumstances change.”
CFO Dive: Transformation Starts with Fixing One Big Tech Problem, Former Oracle CFO Says
August 24, 2021
“Where much of the value-add comes from today from a technology standpoint is in the specialized applications that surround the ERP, and that’s where finding out where the pain points are, or bringing in a business systems team, can make a difference in how well the CFO tech stack is adding value to the broader organization’s business goals.”
CFO Journal: C-Suite Insights: CEOs Plan, Invest for Strong Growth Ahead
August 12, 2021
“Mirroring the expected increase in spending on technology modernization and AI, nearly three out of four CEOs say their organizations are undergoing or preparing for digital transformation.”
CFO Magazine: A Small Business CFO’s Practical Approach to New Technologies
August 11, 2021
“Consider how data analytics and visualization tools are becoming more powerful and easy to use. Could you leverage data analytics and visualization tools to enhance finance and other departments’ storytelling abilities, enabling cross-functional partners to understand current realities and trends better and thus make better decisions?”
