How technology will determine future role of business
by Bija Knowles
What are some of the key technology trends likely to disrupt business over the next three years?
Best Practices & Benchmarking
Background
There is no such thing as general Best Practice, only Good Practices that might be worth using as an indicator of possible practices in your department. Similarly, Benchmarks are not absolute truths.…
Read moreWho is responsible when analytics go wrong?
by Bija Knowles
The financial function is set to rely increasingly on artificial intelligence and automation in the coming years – but whose fault is it when the machines get it wrong?
Three waves of autonomy: financial sector hit first
by Bija Knowles
Analysis by PwC identifies three overlapping waves of automation between now and the mid-2030s – financial services are first in line but research shows retraining is key as jobs will be created too
Six CFOs who went out with a bang
by Bija Knowles
What happens after the CFO quits? It can signal uncertainty to financial stakeholders if the departure is announced suddenly or at a critical time
‘Fraud Analytics: - complete self-assessment guide’ shows how to tackle fraud
by Kylene Casanova
Book by Gerard Blokdijk provides a Fraud Analytics roadmap on how to understand and move forward in the right direction, based on verifiable data
Thomson Reuters launch Data Privacy Advisor for global privacy compliance
by Kylene Casanova
Next-generation question-answering feature, Ask Watson, helps companies comply with the never ending flood of new data privacy regulations
Data analytics to identify fraud weak spots and improve performance
by Bija Knowles
How can organisations identify actions for better performance, analyse business processes most exposed to risk or fraud, or get insight into customer habits? It's all in the data
Hey Gia: Give me an update on total cash received so far this week
by Kylene Casanova
EMAGIA launches voice activated artificial intelligence digital assistant Gia to optimise the way enterprise finance operates
Are corporate executives ready for 4IR?
by Bija Knowles
Most corporate leaders think that the Fourth Industrial Revolution will lead to greater economic and social equality – but businesses face challenges to adapt and manage workplace change
How to get on top of regulatory compliance?
by Kylene Casanova
Future solutions will include 1) database driven solutions, e.g. Thomson Reutures MiFID II and 2) machine-executable rules. Will they ever be combined?
Don’t destroy company value by cutting costs
by Bija Knowles
While increasing profit margins can relieve short-term cash flow difficulties and appease shareholders, it's not necessarily the way to grow a healthy organisation
Too many corporates taking wait-and-see approach to BEPS
by Bija Knowles
Only a fifth of companies are actively making significant changes based on the OECD's BEPS recommendations, with focus mainly on changes to transfer pricing and intercompany agreements
Automation of financial processes requires fundamental rethink
by Bija Knowles
Business leaders once looked to centralisation and outsourcing to improve efficiency in a company's financial processes but automation now offers even greater potential for achieving efficiency
10 corporate priorities for 2018: cyberattack is #1
by Bija Knowles
Cyberattack is the greatest threat to markets in 2018 but company directors should also be focusing on corporate social responsibility, boardroom diversity and shareholder activism
Four trends shaping M&A in 2018
by Bija Knowles
The mergers and acquisitions (M&A) outlook for 2018 is robust according to a statement from EY, pointing to significant growth opportunity for global corporates in the year ahead
How do you see the future of corporate income tax?
by Bija Knowles
Some of the major economies are cutting corporate tax rates – but what if corporate income was taxed at the point of sale, where goods or services are sold to the end-customer?
Get the ‘Cloud zoo’ under control to keep data secure
by Bija Knowles
The adoption of Cloud-based services and a lack of well-defined security strategies are two of the factors that mean companies are struggling with their data. GDPR will make this an urgent matter
Not all cost saving programmes are worth it
by Jack Large
Deloitte’s first global cost management survey report finds cost reduction is a global imperative, but many organizations fail to meet low targets
The shape of technology in 2018
by Bija Knowles
We're constantly urged to innovate, digitalise and automate, even as technology's pace of change is hard to keep up with. Deloitte's Tech Trends 2018 should help keep updated with key trends
Innovation will bring opportunities, not just automation
by Bija Knowles
Almost a quarter of jobs will be automated in the next seven years, but do we tend to be overly alarmist about this? It's possible that technology will create as many jobs as it takes away
Seven principles for effective financial statements
by Bija Knowles
Irrelevant data or lack of data are some of the key communication errors financial professionals make in disclosures to investors – a report outlines how six companies took steps to improve
18% of multinationals ‘highly confident’ of GDPR compliance
by Bija Knowles
Just 18 per cent of companies are ‘highly confident’ they will be able to comply fully with GDPR by the May 2018 deadline and many organisations may be at risk of non-compliance
Treasures must face the challenges of AI, robotics and blockchain
by Bija Knowles
Only 11 per cent of finance and treasury professionals think their companies are prepared for the changes that artificial intelligence, blockchain and robotics will bring
Data security and privacy is major reporting challenge, say CFOs
by Bija Knowles
Security and privacy of data are two of the main reporting challenges for CFOs according to a report by EY