COVID-19 has caused us to re-imagine Finance & Accounting which has created new and expanded roles for Controllers, CFO, and other key financial professionals. Lessons must be learned from the COVID-19 experience and new norms created which will include becoming strategic partners, re-imagining finance & accounting, use of advanced technology, focusing decision-making on relevant data not outdated assumptions, automation of cash flow & related presentation of financial information of stakeholders.
A survival mentality during COVID-19 created new norms which will continue in a post-COVID-19 business environment. The key to the future of finance is having the right people, processes, technology, and systems and as keeping cash flow afloat.
WHY SHOULD YOU ATTEND?
You should attend this webinar to understand:
- Evolving Role of the Controller/CFO
- Re-Imagining Finance & Accounting
- Managing Inflation & Cash Flow
- Using Unique KPIs to Measure Performance
- Providing the Right Data to Stakeholders
LEARNING OBJECTIVES
This webinar teaches you how to be an effective Controller/CFO in future times by:
- Analysis of information
- Communications ability
- Company & industry knowledge
- Leadership Skills
- Cost-effective services
- Technical knowledge
New Future-Oriented Controller/CFO Focus:
- Relationship
- Leadership
- Present/Future
Expanded Role in the Future Of Finance:
- Planning
- Organizing
- Directing
- Measuring
- Financial Analysis
- Process Analysis
Re-Imaging Finance & Accounting:
- Don’t think outside the box
- Create a new box from lessons learned
- Focus on these key areas
- Organization
- Processes
- Procedures
- Controls
- Create s new norm
- Enhance productivity & profits
- How to envision a spend management strategy
- How to control costs & Cash in real-time
Use Rolling Forecasts to:
- Focus on future key business drivers
- Use “what if” analysis to add/drop forecasts over a consistent period
- Running a company with and not by the numbers
- Creating cash flow statements in real-time
- Creating working capital in real time
- Providing the correct data to stakeholders
- The essence of effective financial communications
WHO WILL BENEFIT?
- All Financial Stakeholders interested in the future of finance
https://247compliance.us/the-future-of-finance/2118?through=RuthMartine_22ndAug_GRC&sm_grc
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