It should come as no surprise that businesses in any industry vertical are experiencing enormous pressure to change. This pressure comes from the need to provide better products and services to customers, and at lower costs. Internet-savvy customers today have choices at their fingertips, and businesses that are slow to adapt to this new customer behavior will be left behind.
Organizations of all sizes have to re-think how they operate, and how work is done. No traditional department is spared, and no traditional job is sacred - including finance teams. The World Economic Forum in its 2018 ‘Future of Jobs Report’ predicts that traditional finance department job roles like Accountants, Bookkeepers, Auditors, Payroll Clerks, Financial Analysts, and related functions will become redundant.
How do finance teams react to these monumental changes? What roles do finance teams of the future play? How do they innovate to stay relevant?
This one-day primer in ‘Digital Transformation for Finance Teams’ aims to give an overview of how finance departments have to re-shape so they become drivers of growth, productivity & performance improvement in order to provide value to the organization.