Saturday, May 28, 2022
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • Executive Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • Executive Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

The future of automation in finance

in Art & Culture, News, Opinion
- the future of automation in finance
Share on FacebookShare on Twitter

The technological transformation taking place in finance and accounting organizations is causing a major shift for professionals. Explore insights from Deloitte’s survey with the Institute of Management Accountants on finance’s need to evolve across three dimensions: work, workforce, and workplace.

What does our study on automation in finance reveal?

Finance and accounting organizations are empowering their professionals to operate as strategic business partners more than ever before. Finance professionals are now expected to deliver expanded analytic insights to businesses. This evolution to a strategic business partner is occurring in an environment that’s also going through a rapid transformation.

Having a future-ready finance function that leverages advanced technologies like robotic process automation (RPA) may elevate the role of finance professionals. But it may also seem like a mirage in a world of continuous change and new technological landscapes. Navigating this new reality is refocusing finance’s roles and responsibilities. This process involves understanding how automation in finance is changing the nature of the work, determining who can do the work and addressing skills gaps within the workforce, and developing the workplace in which the work can be performed.

In collaboration with IMA, we conducted a global survey between November 6, 2019, and January 6, 2020, of nearly 800 finance and accounting managers, directors, controllers, and CFOs. Our findings, provide insights on the impact of automation in finance and the function’s need to evolve across three dimensions—work, workforce, and workplace—further informing considerations to enhance, optimize, and elevate finance organizations and help make Finance in a Digital World a reality. While this survey was conducted prior to COVID-19, the pandemic amplifies the relevancy of these considerations.

Mind over matter: How financial professionals can leverage advanced technology to elevate their roles

Automation and advanced technologies continue to move finance toward a digital future, allowing professionals to focus less on transactional activities and more on analytics and insights. Our survey of finance and accounting leaders, in conjunction with the Institute of Management Accountants (IMA), revealed that in order to elevate its role as a more strategic business partner, finance will need to balance human and machine-based competencies while achieving relevance and resilience through the four A’s of future-ready professionals: analytical, adaptive, agile, and anticipatory.

Download the full report here.

Tags: Finance

Related Posts

‘top gun’ could give tom cruise his first-ever $100 million opening
News

‘Top Gun’ Could Give Tom Cruise his First-Ever $100 Million Opening

Carl icahn loses proxy fight with mcdonald’s
News

Carl Icahn Loses Proxy Fight with McDonald’s

Dispute over twitter fake users escalates
News

Twitter Shareholders Sue Elon Musk for Stock Manipulation

Why some regions see gas price surges after a storm—and why others don’t
Opinion

Why Some Regions See Gas Price Surges After a Storm—And Why Others Don’t

Russia’s oil production plunges but revenue climbs
News

Russia’s Oil Production Plunges but Revenue Climbs

Apple raises pay for u. S. Workers to $22 per hour
News

Apple Raises Pay for U.S. Workers to $22 Per Hour

World bank warns on global recession
News

World Bank Warns on Global Recession

Why mobility matters when it comes to social inclusion
Opinion

Why Mobility Matters When it Comes to Social Inclusion

Google’s new street view camera will reach remote spots
News

Google’s New Street View Camera Will Reach Remote Spots

Snap’s warning tumble social media stocks
News

Snap’s Warning Tumble Social Media Stocks

No Result
View All Result

Recent Posts

  • ‘Top Gun’ Could Give Tom Cruise his First-Ever $100 Million Opening
  • Carl Icahn Loses Proxy Fight with McDonald’s
  • Twitter Shareholders Sue Elon Musk for Stock Manipulation
  • Why Some Regions See Gas Price Surges After a Storm—And Why Others Don’t
  • Russia’s Oil Production Plunges but Revenue Climbs

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Executive Interviews
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

     

    AUSTIN

    600, Congress Avenue 14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    387 Park Ave South,
    New York, NY.
    10016
    USA
    +1 212 796 64 15

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • Executive Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?