Category: Innovation

The new role of technology in finance

We look at the new technologies set to revolutionise the role of corporate finance departments, driving the ability of CFOs to streamline processes, unearth deeper insights and add value to the business.

Digital and finance transformation consultant, Chris Argent, gives us his view on the changing ways of working in finance. 

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How Finance Leaders can use tech for greater Spend Visibility

When tracking your company’s spending its easy to feel like you have gone back to the future (without the 1955 glamour and up dos). It usually involves spreadsheets, paper receipts, reams of bank statements, staples and a hefty dose of manual data input. 

Aside from being prone to human error and a productivity black hole, it’s difficult to get an accurate snapshot of your company’s spending this way. And, without solid data, it’s harder to cut waste, budget accurately, and make informed big-picture decisions. 

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How these companies found lost profits through more intelligent planning and execution

There is no reason why businesses can’t use their financial data in a more grounded, valuable way. The technology is there to make better financial reporting, planning and execution possible. Corporations have the potential to find millions in hidden profits by using their data to identify areas in which they can be more efficient and then taking prescriptive action.

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