The Ledger
Curated content foranalytical business leaders
Tag Archives: Technology
CFO Journal: Technology Investments: How to Maximize the Impact
August 5, 2021
“CXOs who are looking to disrupt or deal with disruption in their industries may want to consider the tech investment practices of technology vanguards.”
SF Magazine: Accounting Curricula in the Digital Age
August 2, 2021
“Digital technology is transforming value delivery and operational performance of accounting and finance functions across the globe. This transformation, or disruption, of accounting tasks by emerging technologies like advanced analytics, Big Data, AI, and robotic process automation (RPA) influences the evolving expectations of finance and accounting employers.”
CFO Journal: Technology Budgets Shift to Reflect Pandemic-Era Priorities
July 19, 2021
“By exposing major supply chain weaknesses, including demand surges and drops, reduced productivity, raw material shortages, and storage and product handling issues, COVID-19 became a surprise catalyst for the adoption of resilient supply chain analysis and management solutions.”
CFO Dive: Lack of Automation Preventing Efficient Financial Close: CFO Survey
May 17, 2021
“The key to driving tech adoption acceptance, particularly among finance and accounting teams, Choucair said, is to demonstrate how the technology is empowering, enabling accounting and finance staff to do more value-additive activities while removing the deadline pressure that accompanies manual processing.”
Forbes: Accounting And Finance Tech Transformation In Hyper-Drive
March 26, 2021
“The tech revolution that is transforming business is not just about technology. It is about the humans behind the technology, and their ability to leverage these new and exciting tools in ways that add value to the business.”
CFO Dive: Data analytics, RPA top list of 2021 digital priorities, survey finds
November 20, 2020
“CFOs should primarily focus on identifying the investments that will drive positive business outcomes and enhance employee performance within new hybrid working models, the researchers wrote. CFOs will also need to reassess how they measure business performance while also encouraging new business models that support digital growth.”
McKinsey: How to become ‘tech forward’: A technology-transformation approach that works
November 19, 2020
“The current COVID-19 crisis, of course, is having a significant impact on how CIOs and businesses manage tech transformations. Despite the pressures it has added to costs, however, the urgency to get moving and transform has never been higher, according to many CIOs. But while the demands placed on the technology function have grown, so too have the opportunities. Experience suggests that the most effective transformations are not only comprehensive, covering the function’s role, delivery model, and core systems, but also sequenced to ensure that changes that reinforce each other are carried out together. With up-front planning focused on business value and careful delivery, a company can bring its technology function forward and gain the capabilities to thrive in challenging digital markets.”
CFO Dive: Zero-based budgeting makes a comeback, but it’s different this time
November 14, 2020
“A ZBB-like review of expenses can lead to better analysis of the activities that support the customer,” Bryan Lapidus said. “This could be a huge value-add to the business by helping to assess profitability of products and services accurately, and be more meaningful than simply reading down the list of contracts in a general ledger.”
SF Magazine: Tech Trends to Watch
November 10, 2020
“The rate of change in technology today is exponential. The future will only get faster. Faster, better, and cheaper technology solutions will always be there to distract you. Resist the temptation and the hype; this helps you avoid the trap of buying new technologies because “everyone else is doing it.” Not only can it be costly if you have to rip and replace systems, but it can expose your organization’s priceless data and systems to great risk.”
