Financial Leaders Need to Innovate Within Their Function to Avoid the Risk of Falling Behind Their Competitors
(PRWEB) July 13, 2016 -- The CFO is beset by challenges on all sides. The turbulent geo-political climate has had a knock-on effect into the business world, and organizations are braced for impending seismic events such as Brexit and the US elections, the ramifications of which are still unclear.
However, just because the impact of these events is yet to become clear, does not mean that financial leaders have an excuse for being unprepared, and it seems many financial leaders are simply failing to utilize the equipment at their disposal. In CFO Research released last year, just 44% said they believed their finance functions are currently well equipped to produce meaningful business analysis and reporting that can keep up with the pace of change in the modern world.
Financial leaders need to innovate within their function. Those that don’t risk losing out to circumstances beyond their control and falling behind their competitors. Anton Dominique, CFO & CMO at London School of Marketing, is set to present at the upcoming CFO Rising Europe Summit, taking place in London this September 14 & 15. He argues that ‘there are very few excuses for continuing to do all finance function in the traditional way - be it invoicing, payables, management accounting, treasury, foreign exchange, performance measuring, or corporate funding. In particular, all human manipulation and consolidation steps should be avoided at all costs as they increase delay, introduce errors or make a detailed drill down impossible.’
CFO Rising Europe will see more than 25 industry leading speakers take the stage, presenting on the all the issues facing financial leaders and the various strategies and tools they have in place to overcome them.
Presenting alongside Anton will be CFO of Marine Division of Rolls-Royce, Declan Guerlin. Declan will deliver a case study on his own organization and their main focus at the moment - transforming and restructuring the business during economic pressures, whilst at the same time maintaining a positive team culture.
Among the other speakers presenting at the event will be Ravi Mahendra, CFO of AIG’s UK & Ireland division. He will look at how the world of work is changing with the rise of the ‘gig economy’, and how this will impact finance professionals and the nature of their roles. They will be joined by over 150 senior level attendees, providing a real opportunity to share ideas and develop new one that can help CFOs to weather the upcoming storms across all industries, and take advantage of any opportunities they may create.
Early bird prices end this Friday, 15th July. There are 8 passes left in the early bird promotion, we recommend securing your pass today by contacting Elliott Jay at ejay(at)theiegroup(dot)com or +1 415 800 4713. Alternatively you can simply register online.
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Innovation Enterprise Ltd, a division of Argyle Executive Forum, is a business-to-business media brand specializing in delivering the most innovative business solutions to executive-level decision makers. Innovation Enterprise produces a range on online and offline content, including, but not limited to, summits, online learning, webinars, and white papers, as well as offering other additional services such as lead generation and bespoke research.
Innovation Enterprise focuses on seven key channels - Finance, Supply Chain, Analytics, Big Data, Strategy, Digital, Innovation & Sports - to ensure that organizations are furnished with all the cutting-edge insights necessary to driving growth in the evolving business environment.
Lauren Ravary, Innovation Enterprise, https://theinnovationenterprise.com/?gclid=CMPP16ffuM0CFUeeGwodSCYNKQ, +1 415 952 9730, [email protected]
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