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The Changing Role of CFOs in a Technology-Driven World

Bramasol

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The first is the Financial Accounting Standards Board (FASB) in the United States.

IFRS 97
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The future of sustainability reporting in the finance function

Future CFO

According to Susanna Hasenoehrl , head of sustainability for Asia Pacific & Japan at enterprise application software company SAP , sustainability can no longer be considered separately to the finance function because it is increasingly clear that sustainability performance is fundamentally linked to business performance.

Finance 52
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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD). As an SAP partner for over 26 years, Bramasol is closely tracking SAP's proactive actions to deliver comprehensive ESG and carbon accounting solutions.

IFRS 89
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Integrated Financial Planning and Analysis (FP&A) is Key to Success in The Digital Solutions Economy

Bramasol

Within the SAP ecosystem, SAP Analytics Cloud (SAC) has become an important unifying capability for pulling together disparate information from both SAP and non-SAP applications, giving users the ability to analyze, plan, predict and report all in one place.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

Some: 41% of finance teams have Issues Identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.

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Essentials to successful finance transformation

Future CFO

Assaouloff noted that any transformation starts first with people and aligning a common and shared purpose with the same language and strong leadership. Asked to name one technology he felt most supportive of the organisation's transformation effort, Assaouloff named SAP Cloud Analytics. HELP University won the same award.

Finance 98
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ExecOpinion: Finance transformation: Strategies in 2023

Future CFO

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Gartner Gartner research finds that 85% of finance teams today are in the middle of a finance transformation initiative.

Finance 91