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Top 10 CFO Priorities for 2024

The Finance Weekly

Strategic Leadership Given the rapid transformation of business models, especially with the ongoing green energy shift and the , pervasive XaaS trend , CFOs play a crucial role in guiding strategic discussions within their companies. Despite these challenges, CFOs must collaborate with their management teams to formulate practical solutions.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

However, there are several questions you’ll want to address to confirm you have the right data to build and evolve your models: What type of data do we need? Where is that data located? What data governance, privacy and security procedures do we have in place or need? Is it ready to use now, and is it scalable?

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AI in the finance function

Future CFO

Skills such as data analysis, and the ability to interpret complex financial data are core competencies along with strong communication and collaboration skills are table stakes. What level of maturity in terms of experience at work and in the use of technology should a finance person have for AI to make a difference?

Finance 98
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How Generative AI is Impacting the Digital Solutions Economy

Bramasol

Natural Language Processing (NLP) : NLP technologies analyze customer feedback, reviews, and social media comments to gain insights into customer sentiments and preferences, enabling companies to make data-driven improvements, gauge customer satisfaction, and identify areas for improvement.

SAP 88
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5 Ways to Mitigate the Accountant Shortage

CFO Leadership

Particularly as the accounting profession becomes more technology-supported with repetitive functions automated, skills such as data analysis, collaborative research, and advanced analytics are increasing in importance.

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Elevating tomorrow’s finance leaders today

Future CFO

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. With limited supply and high demand in the market, these skillsets are well-positioned to command highly competitive and even above-market salary offers from employers eager to secure their talent.

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Female finance leaders: These are the practical ways to empower women

Future CFO

The idea was born following a conversation I had with a fellow CFO who was having difficulties within her own organisation and was seeking advice to help overcome hurdles with the executive leadership team. While greater female visibility in leadership roles is undoubtedly a positive, a top-down approach alone won’t work in the end.

Finance 52