The Ledger

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analytical business leaders

CFO Dive: Data analytics, RPA top list of 2021 digital priorities, survey finds

“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.”

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McKinsey: How to become ‘tech forward’: A technology-transformation approach that works

“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.”

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CFO Journal: At Genpact Strategy Teams With Finance to Adapt to Market Shifts

“Pre-pandemic, there was a lot of customer interest in new ERP implementations and full-scale digital transformations. Now, with resources constrained by the crisis, our client conversations are more about services that layer on top of existing ERP and on outsourcing different pieces of finance that they don’t view as core to running their business. These shifts have meant significantly changing how we go to market.”

Read More at WSJ >

SF Magazine: Maximizing FP&A Assets

“While FP&A has been within the management accountant’s tool kit for decades, three recent trends have elevated the importance of FP&A skills: increased access to data, the availability of new business intelligence (BI) technologies, and the greater role of finance as a strategic partner.”

Read More at SF Magazine >