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From Controller to CFO: What Changes?

CFO Talks

From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. The CFO, however, looks at the bigger picture. It’s like going from keeping score to calling the plays.

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CFOs in Asia-Pacific optimistic on regional economic outlook, survey says

Future CFO

This is the findings of Deloitte 's Asia-Pacific CFO Survey which asked 276 CFOs in the region in a bid to understand the challenges, priorities and ways they seek to navigate the years ahead.

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BEPS 2.0: Only one-third of finance leaders complete impact assessment

Future CFO

a range of other compliance complexities are putting pressure on tax and finance functions, EY noted, adding that these include the US corporate alternative minimum tax, green and sustainability taxes, the EU’s Carbon Border Adjustment Mechanism and an accelerating pace of countries converting to e-invoicing. Beyond BEPS 2.0, The post BEPS 2.0:

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The weight of upskilling in finance

Future CFO

Cheah also takes note of the impact of e-invoicing and fintechs, which push digital transformation to the forefront. “It Upskilling pace Given all the changes and shifts in the Finance function at present, Cheah believes the pace of upskilling within the team in the bid to keep up comes as a concentrated effort.

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How to mitigate insolvency risk

Future CFO

Are they taking longer to settle invoices or make deliveries? Shorten your supply chains and avoid concentration in one geographic region. How to identify supplier and customer insolvency risk In addition, companies need to watch out for the following warning signs of potential supplier or customer insolvency, Allianz Trade advised.

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Platforms, Marketplaces Woo Gig Workers With Timely Payments

PYMNTS

Companies that want to hire freelancers but employ outdated invoicing, payment and onboarding processes will find themselves losing out to others that can provide quick, seamless access to benefits and funds.”. Tipalti CFO Sarah Spoja told PYMNTS. Friction of one kind or another is behind almost every delayed freelance payment.

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Combining RPA & AI for business success

Future CFO

This imitation of cognitive functions then allows for the extraction and analysis of large amounts of data, which are concentrated and processed to provide insights and inform future actions. The term AI generally describes the mimicking of human, “natural” intelligence by using algorithms.