Finance not exploiting technology: report

CHIEF financial officers (CFOs) and finance functions across companies around the world are not fully exploiting emerging technologies to better support their businesses, says a new report from ACCA (Association of Chartered Certified Accountants).

The report, "Is finance function technology delivering on its promise?", sought in-depth views from finance executives across a spectrum of businesses, including Shell, IBM, Aviva, Accenture and BBC.

Leong Soo Yee, head of ACCA Singapore, said: "The problem is not necessarily that technology isn't available, but there are many reasons w…