When CFOs are more than number crunchers
Such CFOs find that they have the time to do more strategic planning and create value. When this happens, finance teams can do their best work.
THERE is a revolution brewing in finance departments. Activist investors are pressuring companies on costs just as digital disruption and mounting complexity take their toll. These forces are causing companies to rely even more heavily on their finance teams.
And with artificial intelligence and other advances enabling them to make speedier, better-informed decisions, the stage is set for chief financial officers (CFOs) to step up their game as proactive internal challengers and identifiers of new opportunities.
But this is not happening often enough.
TRENDING NOW
DBS, OCBC, UOB push STI to new highs as institutions pile in ahead of earnings
Employers want AI-fluent employees. Hiring them is the challenge
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
Eligible Singaporeans to receive up to S$850 in GSTV cash, up to S$450 in MediSave top-ups in August