Future of Finance Digital Summit | Event in NA | Townscript
Future of Finance Digital Summit | Event in NA | Townscript

Future of Finance Digital Summit

Jan 22 '21 | 10:30 AM (IST)
Online Event

Event Information

Future of Finance

Encoding the Secrets of Finance Agility and Resiliency through Automation
Finance leadership is waking up to the exponential possibilities of digital, and use cases are evolving every second day. The stimulus is often coming from the front-end of the business where digitization is completely transforming the way we work, live, and relax.
By the Year 2025, 70%-80% of the Finance Process will be automated. Finance is visualized to be driven on Intelligent Automation, with Finance Team cruising the digital transformation through Technical and Analytical skill sets.
The job role of CFO's has been evolving drastically in the past few decades. The evolution of Technology, Data, and Analytics are bringing huge Revolution within the finance team and how they operate. Considering the importance of the finance function in any organization, it hugely impacts how the organization is really performing.
Thus, Raising Many Question to Finance Leaders:
  1. Is digital a part of your future of finance strategy?
  2. How are you going ahead with the digital implementation in finance?
  3. Are you getting the benefits that you envisaged?
Current Challenges of CFOs

  1. Managing the Future of Finance
  2. Juggling too many Responsibilities
  3. Managing Cashflow
  4. Lack of access to accurate realtime information
  5. Managing Fast Growth in a Slow moving Market
  6. Finding and Retaining a quality Digital Workforce to meet the capabilities of Technology and Cognitive Mindset
  7. Producing Timely Reports with less manual work
  8. Managing and Overcoming Finance Team Resistance towards the transition
  9. Uplifting Existing and Finding New Talents with Close Coordination with HR

Envisioning the Future of Finance

  1. Working, Storing, and Managing Real-Time Data
  2. Automating Manual Task for more efficiency and freeing up employees for more strategic work
  3. Driving on Business Intelligence, Big Data, Cloud, etc for more accurate reporting, Faster Closing of Books, and Building more intelligent business strategies
  4. Larger Role towards Compliance

Venue

This is an online event
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