2020 presented the most tumultuous year in over a decade for financial planning across almost every industry imaginable. As the dust begins to settle and businesses emerge from the pandemic, it has never been more important to ensure that time, energy and resources are being directed to the right areas in 2021 as businesses begin to plan their post-pandemic investment strategies. More than ever, businesses run the risk of having underutilised or wasted resources, and it is imperative that new challenges are being addressed in the right way to ensure opportunities are not missed.
The office of the CFO now has the opportunity to leverage emerging technology to transform huge volumes of financial and operational data to provide valuable insight and guidance on overall company strategy. Companies are continuing to explore the benefits of transitioning from labyrinths of siloed, mission-critical systems to an integrated, unified end-to-end solution. This event has been organised to help ensure that the needs of the CFO are being understood and met, and that the finance department will not be undervalued in the wider businesses’ strategic planning.
Data management continues to play a significant role in helping businesses realise the potential of disruptive technologies such as machine learning and artificial intelligence, however barriers remain as practitioners look to ensure their data-led decisions are being made with the one, infallible version of the truth. Consideration of data quality against data quantity plays a crucial role in allowing a business to utilise these emerging technologies.
This executive level panel, organised by the Financial Times in partnership with CCH Tagetik addressed the needs and challenges facing the office of the CFO going forward to ensure that organisations have the tools they need to effectively roadmap for success.
The office of the CFO with the tools needed to direct time, energy and resources to the right areas
The importance of responsibly managed data in realising the potential of new technologies
From experts who have successfully transitioned to unified, end-to-end corporate performance management solutions.
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