Welcome
Webinar: Future-proofing finance: How can CFOs use automation to deliver data-driven performance at a time of digital disruption?
Tuesday 8 June 2021, 12:30
Hosted on Zoom
Many financial services firms put growth plans on hold during the pandemic, but with some light now at the end of the tunnel, the thoughts of CFOs and finance teams are turning to the challenges of a return to growth, including a rise in M&A activity, the creation of new business units and the wide-ranging cultural shift brought about by hybrid working.
As a result, CFOs and their finance teams are under pressure not only to digitise their operations and processes, but also take on a more strategic role as businesses look to scale rapidly and keep up with the digital challengers. But before employees can reap the rewards of automated workflows and real-time data visibility, many are falling at the first hurdle: while data siloes and legacy technology prove burdensome, staff time is taken up by manual processes, meaning firms are struggling to engage and retain a younger generation of digitally-savvy talent.
Alongside these challenges, CFOs are also racing to keep up with data governance and location requirements as financial services firms adapt to the post-Brexit landscape and accelerate the migration of highly sensitive data to the cloud.
As result, many FSIs are looking to automation technologies and real-time data to make workflows and reporting more efficient while data analytics is helping CFOs to make vital decisions about where to take their business next.
This live webinar featuring a panel of industry experts will explore key challenges and opportunities for CFOs and finance teams as they look to implement digital transformation strategies to drive growth and efficiencies in their financial services firms in 2021.
Topics for discussion:
- What are the key roadblocks to digital transformation for senior leaders looking to scale their financial services organisation in 2021?
- What are the main challenges presented by legacy technology for finance leaders, and how advanced are FS firms in solving these?
- What impact can data visibility have on performance for CFOs and their teams?
- What impact can real-time data have on day-to-day functions of the CFO?
- How can automation help finance teams achieve a ‘continuous close’ and progress towards a future in which a ‘close’ is a thing of the past?
- What challenges could a boom in merger and acquisition activity create for finance teams looking to consolidate data and merge systems, including across borders?
- How are organisations using technology to drive efficiencies and create competitive advantages within a remote working environment?
- What strategies are FSIs taking to cloud migration in plans for future expansion?
- What are the main challenges, both cultural and technical, for FSIs of upgrading systems and processes to engage and retain younger employees?
- What strategies can senior financial services leaders use to free up more time to focus on longer term, big picture initiatives?
