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How to put finance business partnering puzzle together?

Fpanda Club

Among those who rest, 20% are data overloaded because of poor data governance and several conflicting data sources, 25% can’t get the data they need and over 30% don’t possess technology, tools, or resources to exploit the data they have. These are the basic that should be in place and in good standing.

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Limitations of Microsoft Excel for budgeting and planning

Spreadym

Here are some of the key techniques used in corporate data processing: Scalability Excel was designed to be used for small-scale data analysis and calculation. Data Security Excel is vulnerable to cyber attacks and data breaches, and it does not have built-insecurity features to protect sensitive financial and business data.

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Top industries in Hong Kong expected to hire throughout 2023

Future CFO

With big data continuing to play a pivotal role in providing cost-effective options in a wide range of use cases, organisations are cognisant of the need to be able to harness the amount of information available to them. Data Analysts remain highly coveted for this reason.

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Where Can FP&A Career Path Take You?

Fpanda Club

Familiar with data analysis and armed with powerful tools, FP&A teams start to play more visible roles in the organizations providing their leaders with actionable insights and recommendations on the best ways to achieve company’s objectives, thus, having the direct impact on their company’s results and success.

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AI in the finance function

Future CFO

Compliance and regulatory : Use classification models to analyse new regulations to understand new obligations or build audit plans by analysing the risk environment and operational metrics. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

Finance 98
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Elevating tomorrow’s finance leaders today

Future CFO

To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problem solving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. .

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Create and communicate a well-defined plan for how you intend to bring advanced AI tools into your organization and use them for transformation. Your company’s technology specialists are an obvious choice, but also consider consulting with leaders from functions like internal audit and compliance.