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Applying digital technologies to finance processes will create more efficiencies, insights, and value over the long term. An emerging concept in many organisations is digital finance. Today, CFOs are yet to completely join hands in digital-transformation efforts, even though they own and manage much of the relevant business information that feeds such initiatives. CEOs and boards want CFOs and the finance function to provide real-time, data-enabled decision support. The onset of innovative technologies plus a…

Occasionally evaluating the balance sheets of the business and participating in business strategy is not the only work that falls on the shoulders of finance directors. Apart from looking after the financial health of the business, modern finance directors are now planning for future growth. They are helping the CEO make better decisions and ensuring that the organization is foundationally strong for future business opportunities. In a study by EY, Changing Role of the Financial…