Remove Communication Remove Leverage Remove Prioritization Remove Risk Management
article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department.

article thumbnail

Navan’s Modern Approach to Duty of Care

CFO Leadership

With increased risk comes the need for increased duty of care. A realistic duty of care policy goes hand-in-hand with effective travel risk management. That risk varies based on an organization’s size, industry, and scope of business travel. Leverage technology. Be personal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Digital Transformation in Finance: How to Drive the Process

Spreadym

The objective of digital transformation is to modernize and improve the efficiency, agility, and customer experience in the financial industry by leveraging technology and data-driven solutions. Data-Driven Decision-Making : Leveraging data analytics to gain valuable insights into customer behavior, financial trends, and market dynamics.

Finance 52
article thumbnail

The Importance of Cybersecurity in Private Equity Investments

E78 Partners

In an era characterized by rapid digital transformation, businesses across the spectrum are leveraging technology to fuel progress, growth, and competitive advantage. Process: Implementing and managing systematic processes is vital in building a resilient cybersecurity posture.

article thumbnail

Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It facilitates better communication and alignment of objectives across the organization.

article thumbnail

Preparing Your Finance Organization for the New Era of AI

CFO Leadership

While finance organizations are increasingly turning to AI to enhance their operations and streamline processes, leveraging AI capabilities to improve decision-making is in the early stages. Scenario analysis may also leverage AI to model various scenarios to better understand potential consequences of different decisions and market changes.

article thumbnail

Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

FP&A leaders can use these insights to track performance, identify trends, and communicate financial results to stakeholders more effectively. Risk and Expenses Management AI-driven , tools for risk management empower FP&A leaders to evaluate and address risks more efficiently.