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Understanding and driving finance transformation in 2023

Future CFO

Mike Polaha: Finance transformation aims to revolutionise corporate finance strategy and processes with three main objectives in mind - driving operational efficiency, ensuring functional effectiveness and improving employee experience - all while progressing to improve the function’s overall compliance footprint.

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Why The Paper Deluge Doesn't End With Digitization

PYMNTS

Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Integrating financial systems and workflows with document management technology can support automated organization as well as data capture.

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Artificial Intelligence Lands AR In Uncharted Territory

PYMNTS

Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. One of the most dramatic ways is in the area of compliance and liability: If a machine makes the wrong call, who’s to blame? Financial executives aren’t ignoring this trend either.

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After Adoption, Consolidation Of Payments Tech The Next Hurdle For Treasurers

PYMNTS

Years of growth and expansion can make the task of upgrading existing legacy financial, ERP and accounting systems a monster of a task. Add in the disparate systems of other companies acquired over the years, and streamlining existing financial systems can seem next to impossible.

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Suplari Customizes AI Analytics For Procurement Teams

PYMNTS

.” Suplari’s AI capabilities enable automation of contract, spend and supplier management, as well as the ability to analyze data stemming from those processes, he noted, pointing to opportunities to enhance profit, risk and compliance efforts.

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Chamber Of Commerce Finds Corporates Pained By Dodd-Frank

PYMNTS

Chamber of Commerce has found that corporations are struggling as a result of Dodd-Frank financial reforms. According to reports, these regulations are forcing businesses to either pass the cost of compliance onto their customers or to delay investments, the survey found.

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Continuing value-creation for the digital CFO

Future CFO

Traditionally, CFOs are responsible for managing the financial actions and decisions of a company. While the traditional tasks such as bookkeeping, financial reporting and statutory compliance are still important, the role of a modern CFO today has progressed to become more cross-functional.

CFO 52