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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…

As previously talked about in our blog, Implementing Data Analytics In An Organisation: A CFO Perspective, analytics can bring in some wonderful perspectives that may have been previously ignored. If your company has collected information over the years about your customers, your competitors, the market in general, et al., then that is a wealth of data that you are sitting on. It would be a shame to let such precious data sit collect dust in…