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Transforming accounts payable operations through AI

Future CFO

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. 9) Audit preparation: Efficiency and compliance Preparing for audits can be a time-consuming and stressful process.

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What South African CFOs learnt from twelve days in Italy

CFO Talks

South African CFOs spent twelve days in Italy attending the annual CFO Alliance Summit, learning from international peers, and bouncing ideas off each other. “In the article and auditing world, you’re very blessed because you’ve got people everywhere you turn. . These are their takeaways.

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AI in the finance function

Future CFO

FutureCFO spoke to Robert E Parker , CFO for IBM Asia Pacific, for his perspective on how finance teams can and should take interest in the potential of AI, and arguably that waiting for the technology may not be in the best interests of the function and the company. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

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Top industries in Hong Kong expected to hire throughout 2023

Future CFO

Professionals looking to specialise in a ‘green’ job may wish to consider getting certified for BEAM, WELL, LEED, or Carbon Auditing, depending on regulatory requirements. Stakeholder management, strategy and change management and data analysis skills were all seen as vital for relevant roles.

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Elevating tomorrow’s finance leaders today

Future CFO

What makes for a sought-after chief finance professional (CFO)? CFO: The disruption of 2020 highlighted the need for the finance function to be more responsive – continually re-evaluating both short and long-term goals and strategies. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Your company’s technology specialists are an obvious choice, but also consider consulting with leaders from functions like internal audit and compliance. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership. Learn more about how we can help you achieve your business goals today.

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2024 predictions for finance: From virtual payments to business travel (part 1)

Future CFO

Exceptions will trigger AI-driven, automated audits to ensure compliance. Embracing AI, automation, and data analysis will help finance teams bring more strategy to the organisational table and find a greater sense of confidence amid the uncertainty.

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