The Joys And Perils Of Data Visualization And Analytics

Posted by Martin Birch on July 20, 2020 at 11:27 AM

Showing data to business stakeholders in long-winded tables and with lots of numbers is a no-go.
You will not find many finance professionals that have not yet understood that point. Similarly, most finance professionals know that we must develop insights through analytics to get a seat at the table. However, doing this does not come without challenges..

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Digital Future of Finance: 4 Megatrends to Implement Now

Posted by Konsolidator on July 2, 2020 at 12:29 PM

CFOs and finance professionals should take what they learned from the current lockdown during COVID-19 and implement it in everyday work at the finance function.

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Going digital: How CFOs in German-speaking markets can benefit from automated workflows

Posted by Konsolidator on June 30, 2020 at 8:00 AM

Around the globe, CFOs tend to need faster and automated processes to deliver relevant and accurate financial data to the management. 

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The Cloud Provides Big Potential of Automating Workflows In Finance

Posted by Konsolidator on June 24, 2020 at 8:00 AM

Digitalization and digitalizing work processes have been key subjects within the finance business in recent years. The main idea behind digitalization is to automate tasks and workflows to increase efficiency.

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Navigating through COVID-19: How to Manage Your Finance Function From Afar

Posted by Konsolidator on May 6, 2020 at 8:30 AM

Since the current health crisis has left the finance function unprepared for what to come, CFOs must digitally transform in order to handle the Corona crisis.

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When The Covid-19 Panic Is Gone, Finance Should Plan For The Future

Posted by Claus Finderup Grove and Anders Liu-Lindberg on April 21, 2020 at 8:15 AM

Use the crisis as the catalyst for long-term innovation!

Most things we cannot predict nor control in the current environment. So we need to focus on what we can control. And that is our reaction to it. 

And this goes for Finance too!

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When Cash Is King, the CFO Is the King

Posted by Martin Birch on April 7, 2020 at 9:08 AM

A mantra which has been heard for many years now, and the Covid-19 crisis has proven more than anything that it is correct.

The whole Corona period has been marked by new situations every day to be dealt with. And you as the CFO have to answer on what it will mean to the business, what the management should do and whether there is enough money in the bank. The CFO is responsible for providing an overview of: what the liquidity looks like, if the company can be part of the government's support schemes and so on. The many and fast changing situations in this Corona crisis show the need for a factual and correct foundation to base decisions on.

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Top 5 Reasons Why Cloud-based Financial Software is the Future

Posted by Konsolidator on March 12, 2020 at 8:30 AM

The evolution of cloud technology has transformed the way we think and work in the online digital age. Cloud based applications gives us easy access to our data when wherever and whenever we want. This is one of many reasons why finance professionals should consider moving to cloud based software applications. The benefits are numerous.

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Finance Function and Cloud Technology: An Inevitable Pairing

Posted by Konsolidator on March 5, 2020 at 11:36 AM

Decreasing manual maintenance, increasing productivity, and gaining greater access to reliable data - these are key points why 9 out of 10 companies on a global scale are converting to cloud-based software solutions. 

Digital transformation - the development from manual to automated or digitized tasks - is a hot topic across industries, especially in finance. The digital transformation in the finance function means the automation of manual and repetitive processes, real-time insights on data, and a higher quality of analysis and strategic decision making.

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The Future of Financial Consolidation and Reporting is Digital

Posted by Martin Birch on January 29, 2020 at 10:40 AM

Almost 90% of all Excel spreadsheets contain errors: Do you trust your data? Or are you willing to live with the financial implications your errors create for the annual account?

In a digital age such as ours, technology develops at a rapid speed. New and advanced technologies continuously become available that empower us to increase not only the quality of our work, but also the flexibility and efficiency of our work while simultaneously saving time – especially when it comes to repetitive processes in our daily work. It goes not only for Finance but for all industries. But when talking about Finance, Excel seems to act as a stop block for going digital when making your annual account.

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Expert Insights: The Future of Finance

Tag along as we share our experience and knowledge of developments in finance to advise you on how to unlock your true potential, avoid lagging behind, and overcoming the challenges that come with digital transformation.

Topics:

  • Financial consolidation
  • Financial reporting
  • Finance Business Partnering
  • AI in the finance function
  • Power BI

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