CFOs today play a critical role in their organisation as strategic advisors in addition to overseeing the numbers — these leaders need to be data-driven and embrace strategies and technology that allow for more visibility across the organisation and produce faster data for better decision making. To keep up with these new expectations to provide relevant data and insights in a timely manner, CFOs need to keep on top of relevant trends and prioritise digital transformation pro
CFO Magazine asked Finance leaders from around Australia and New Zealand to recommend the books and podcasts that have inspired, entertained and motivated through 2021 for this year’s CFO Summer reading list. We hope this provides some thought-provoking and entertaining reading, ready to inspire for the new year. See the reading list from CFO Magazine here.
What could you and your team members do with 93,028 extra hours? In the third quarter (Q3) of the fiscal year (FY) 2022, UiPath's robots added 93,028 hours of extra capacity for their colleagues in Finance, Sales, Marketing, and beyond. This beats the previous quarterly record of 69,973 hours (Q2) of additional capacity by 32%, and brings the total hours saved to 462,479. If you’re new to this series, every quarter UiPath update our community on their internal automation prog
In the coming decade, your workplace will be datafied and digitalised. AI will augment your jobs, the Internet of Things will provide you with details insights and robotics will replace many jobs. Datafying your work starts by making your office, your workplace, your processes and your products smart. This will make previously ‘invisible’ processes traceable so that they can be monitored, analysed and optimised. Thanks to the lowering costs of sensors, increasing low-cost ban
Driving process efficiencies and implementing standard operating procedures have been central focuses for businesses and their consultants working on digital transformations. A broad spectrum of methodologies emerged as a result of these initiatives: Six Sigma, Agile and CMMI, just to name a few. These approaches might help you understand that you don't need 10 steps (just eight) and also influence team and skills designs — all good things.
However, we're now adopting and lev
New research shows that now is the time for finance leaders to lean into the evolution of their roles and reassert themselves as strategic partners and digital enablers to the business. One trend about CFOs that McKinsey have confirmed after years of research: the finance leader’s role is ever evolving. That has never been more true than it is today, during an era of dramatic change—with, for instance, the COVID-19 pandemic, increased attention being paid to social and enviro
IT departments that equip and empower business technologists are 2.5 times more likely to accelerate their digital business transformation, according to Gartner. Due to the democratisation of capability development, they can take digital initiatives to fruition and derive value in a quick span. Moreover, they can successfully overcome the challenges thrown by digital competitors and untimely industry disruptions. Having business technologists puts IT front and centre of some