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The dual nature of AI in riskmanagement AI is heralded as one of the most significant innovations of our time, offering both immense potential benefits and considerable risks. Therefore, CFOs must ensure that their organisations are equipped with AI-driven cybersecurity solutions to mitigate risks effectively."
Source: Data collected during the FutureCFO Conference series in 2024, Cxociety Research Coming into 2025, as finance leaders face mounting pressure to do more with less while driving growth and maintaining compliance, they are turning to digital solutions and holistic approaches to reshape and modernise financial processes.
The ability to analyze numbers and translate them into actionable strategies has always intrigued me. Early in my career, I realized that finance is not just about managingnumbers—it’s about empowering organizations to make informed decisions, optimize resources, and achieve long-term goals.
This issue hampers forecasting accuracy, riskmanagement, and resource allocation. Without accurate insights, businesses struggle with forecasting, riskmanagement, and resource allocation. ManageRisk and Uncertainty Identifying risks early helps businesses prevent financial losses and adjust strategies effectively.
As the role of the finance leader evolves beyond compliance and control, strategic decision-making increasingly relies on the intelligent use of data. Its the quality, relevance, and timing of information that separates high-performing finance functions from reactive number-crunching. But not just any data.
The IPO market has also seen a resurgence, with 13 IPOs each aiming to raise $100 million or more filed in January 2025 alone , marking the highest number of sizable IPO filings in a single month since early 2022. Maintain compliance with ongoing disclosure and transparency requirements.
This early encouragement played a key role in shaping my future, as it introduced me to the world of business and numbers. Learning to analyse financial data with a strategic lens, understanding broader business impacts, and identifying potential risks are essential skills for any future CFO.
Huruda de Castro Malungane : ESG, Ethical Leadership, and Breaking the Isolation in Africa In a captivating episode of CFO Club Conversations , Leana van der Merwe speaks with Dr. Huruda D’Castro Malungane, an extraordinary leader at the intersection of finance, governance, risk, and human capital.
By 2025, the traditional image of number-crunching accountants confined to back offices will be a relic of the past. CFOs, controllers, and management accountants must embrace agility and foresight to thrive in this dynamic environment. The finance function is undergoing a seismic shift.
The numbers said hold back. There was a time when CFOs supported strategy by validating the numbers and assessing risk. The Numbers Still Matter. The strategic CFO must take those numbers and make them speak. Risk is Not the Enemy of Progress CFOs have always been associated with riskmanagement.
What Every CFO Should Know to Protect the Business (and Their Career) You dont need to be an actuary or compliance expert to understand risk. Riskmanagement isnt a luxury, its a core leadership function. Response Tactics: Dont Just PlanDecide Once youve mapped your major risks, its time to make decisions.
To truly understand and manage credit risk today, modern companies must look beyond the basics and leverage new technologies, alternative data, and broader information sources. They must navigate a web of challenges ranging from cyber threats and regulatory compliance to the intricacies of global supply chains.
With the little time you have to spare, you’ll do your best to validate the numbers, scrub them as necessary, and present the information the best way you can. All involving Excel data manipulation. You’ll need to first find the data, export the information needed, and then dump it into Excel.
This means going beyond traditional metrics, such as the number of security incidents, and focusing on metrics that measure the impact of cybersecurity investments on business outcomes. Regulations are guidelines but not guarantees The line between compliance and security is blurring. Participants like Travel + Leisure Co.'s
Numbers Need Context to Be Useful Finance teams are trained to work with outputs such as reports, forecasts, ratios, and financial models. This includes managing input costs, measuring production efficiency, or responding to real-time changes in operations. A Sharper Sense of Risk Operations involve risk.
According to S&P Global Ratings, operational costs for European banks increased by over 4% annually from 2021 to 2023 , emphasizing the need for effective cost management strategies. To optimize costs, banks are reducing the number of applications and investing in technology that enhances customer experiences while maintaining efficiency.
The regulatory dimension adds layers of compliance requirements, making AI implementation more cautious and deliberate. Murtaza Rangwala “Given the high-value nature of our decisions, particularly around riskmanagement and capital allocation, the precision and reliability of outputs from FP&A systems are absolutely critical."
Guided by influential mentors, Thobile recognized that finance goes beyond numbers—it impacts decision-making that drives business and individual success. I always loved working with numbers, and mathematics was one of my favorite subjects. What sparked your interest in finance?
The numbers speak for themselves. As AI systems make autonomous decisions and digital assets flow across jurisdictions, the need for compliance, security, and observability has never been greater. A unified stack—integrating payments, treasury, and compliance—enables seamless operations across borders.
ESG is not just about compliance; it’s a framework for long-term business viability and resilience. RiskManagement: Identifying and mitigating ESG-related risks, which are increasingly recognized as indicators of potential business vulnerabilities. So that’s a little bit about my journey.
Efficiencies have included tripling the number of trade finance transactions while reducing average processing time by 95%, achieving 40% growth in transaction volumes over 18 months, increasing straight-through processing rates from less than 10% to over 70%, and boosting automation by over 20% of transactions.
I recently watched a Fortune 500 CFOs face change when I showed her Circles numbers: $1.7 Compliance would never approve it.” The implications extend far beyond banking: any company with robust compliance infrastructure, from payment processors to corporate treasuries, can now integrate digital assets without regulatory pre-approval.
lucky-photographer via Getty Images Dive Brief: T he number of U.S. Although the number of IPOs is the biggest first-half tally since 2021, proceeds from offerings fell to $17.1 You can unsubscribe at anytime. billion, or 9% less than the same period last year, EY said in a report. Registered in England and Wales. TechTarget, Inc.s
Samuel Corum via Getty Images The recently-enacted “ One Big Beautiful Bill Act ” could help lift sagging merger-and-acquisition volume numbers by creating a more attractive environment for dealmaking on the U.S. The total number of U.S. You can unsubscribe at anytime. tax policy front, analysts said.
Dive Insight: The findings come as the industry has been seeking to reverse a decline in the number of accounting graduates in recent years as some students have snubbed the profession because of comparatively low entry-level pay and rigorous requirements for licensure, among other reasons. You can unsubscribe at anytime. TechTarget, Inc.s
The breaches resulted in a number of lawsuits that were eventually combined into a single class action complaint before Judge Ada Brown of the U.S. ET Unlocking Business Value Through CBAM Compliance Presented by studioID and SAP 26 JUN Webinar | 2 p.m. You can unsubscribe at anytime. The judge has scheduled a Dec. TechTarget, Inc.s
This package is an important legislative initiative designed to simplify existing sustainability reporting requirements and the due diligence framework, reduce the number of companies in scope, and make it easier and more cost-effective for those companies that remain in scope to comply. Like any proposal, they are subject to change.
Great numbers,” Conference Board Senior U.S. One more month where inflation just didn’t show up,” Global X Head of Investment Strategy Scott Helfstein said, while cautioning that “tariffs remain a risk.” “The The Fed should feel comfortable with these numbers,” he said Wednesday in an email. You can unsubscribe at anytime.
Additionally, Jordan Frankel, who has been the company’s general counsel and executive vice president of legal, risk and compliance since 2014, according to Shift4’s latest proxy statement , will become the chief legal officer, the company said. You can unsubscribe at anytime. Registered in England and Wales. TechTarget, Inc.s
In a survey by the Big Four accounting firm, about 33% CFOs said they believe now is a good time to take on more risk, d own from 60% who expressed the same view in the first quarter. The number is at its lowest level since the third quarter of last year. You can unsubscribe at anytime. Dive Insight: Sweeping U.S.
You have a riskmanagement problem. Theyre the people who spot errors in a sea of numbers and ensure the books are airtight and audit-ready. A CFO or Finance Director Provides strategic oversight, financial reporting, compliance guidance, forecasting, and high-level decision support. You have a decision-making problem.
Andrew Harnik via Getty Images Dive Brief: State lawmakers in Pennsylvania and Delaware each voted on Thursday to pass their respective CPA pathways legislation, joining a growing number of states enacting new laws to provide alternative routes to obtaining a certified public accounting license and ease the accounting shortage.
Only half of respondents said they had clear visibility into SaaS usage while the number of respondents reporting full tech stack transparency fell four percentage points to 43%. On the FinOps side, we’ve got the billing data, but we don’t have visibility into contract renewals and compliance — historically, that’s been ITAM,” Storment said.
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations Financial Reporting Compliance Technology Treasury RiskManagement Leadership An article from Dive Brief Yum Brands CFO to receive $1.1M You can unsubscribe at anytime. Registered in England and Wales.
After release of the less-than-forecast employment numbers, President Donald Trump fired the BLS commissioner, alleging that the bureau “rigged” the data. You can unsubscribe at anytime. during the second quarter. Unemployment increased 0.1 percentage point to 4.2%. in June to 69.9 in July, the highest level since October 2022.
Kraft Heinz is eyeing a number of levers to turn around the sales decline, such as unlocking efficiencies and improving productivity. It’s really becoming an integral part of a variety of workflows,” Nestor said, adding he expects the number of active users to grow. You can unsubscribe at anytime.
Dive Insight: The plan, announced on July 23, outlines a number of steps the administration intends to take to drive AI innovation in the U.S., The plan “creates a challenging and uncertain compliance environment for companies, given that states are currently implementing the most far-reaching AI laws and regulations,” the attorneys wrote.
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations Financial Reporting Compliance Technology Treasury RiskManagement Leadership An article from Dive Brief Tesla CFO offloads another $1.7M You can unsubscribe at anytime. in stock The CFO sold another $1.7
Also, in a sign of greater difficulty in getting jobs, the number of people without work for at least 27 weeks exceeded 1.8 The administration’s pullback in hiring has also reduced the number of federal jobs. You can unsubscribe at anytime. Unemployment increased 0.1 percentage point to 4.2%. Registered in England and Wales.
The Role of a CFO in Financial RiskManagementManaging financial risks is crucial to ensuring long-term business success. However, small business entrepreneurs are particularly ill-suited for riskmanagement: optimistic, energetic, and abstract. What is Financial RiskManagement?
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations Financial Reporting Compliance Technology Treasury RiskManagement Leadership An article from What to know about the $7.25 However, a number of organizations, including the U.S.
Marry tech and talent, then riskmanagement can pay dividends, notes an upcoming PYMNTS webinar. However, for many financial services firms, RegTech’s (Regulatory Technology) potential is limited by any number of causes. At the same time, risk and compliance professionals still are inundated with manual tasks.
“Depending on an organisation’s environmental/social footprint, an ESG team or dedicated senior member is generally appointed to ensure that the organisation’s enterprise riskmanagement adapts to the regulatory landscape,” he continues. The post Delivering value beyond compliance with ESG reporting appeared first on FutureCFO.
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