Month: June 2021

Gartner Says More CFOs Intend to Increase Digital Investment Than Any Other Area in FY21

CFOs plan to increase technology investments, with 82% saying they intend to increase investment in digital capabilities in fiscal year (FY) 2021 compared to FY20, according to survey by Gartner, Inc. The survey of 115 CFOs was conducted by Gartner between July – December 2020, and it also revealed that 70% of respondents intend to …

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Working capital scorecard: A tumultuous year for CFOs

From Cfo.com: Many CFOs faced challenges collecting cash and keeping a lid on inventories as the pandemic raged and then subsided. Shortfalls in revenues, curtailed or redirected customer demand, liquidity pressures, receivables collection headaches  — on the working capital front, 2020 put finance departments to the test.  How did the largest U.S. companies perform overall? …

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Women in finance say ‘mediocre’ male managers block progress

From Consumers Advisory: Careers for some women in finance are being held back by “mediocre” male middle managers adept at playing internal politics, according to a report backed by some of the City of London’s largest financial institutions. Research by Women In Banking and Finance and the London School of Economics — which has been supported …

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CFOs rethinking cost savings of just-in-time supply chains

From CFO Dive: Covid-related disruptions made it clear a broader strategic approach is needed even once a supply and demand equilibrium is restored. CFOs are reexamining just-in-time production after the pandemic left many businesses unable to meet customer demand because of supply shortages. Until some form of equilibrium is once again reached, CFOs should rethink …

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The CFO at a crossroads: How to be a catalyst for transformation

From Gartner: CFOs find themselves at a pivotal moment as multiple sources of rapid transformation unfold all around them. The very nature of work is transforming, along with where work gets done and how it gets done. Additionally, the accelerating pace of investments to enable digital transformation across functions is another key cause for CFOs …

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EU rules for VAT on insurance and financial services are adequate – CFE

CFE has issued an Opinion Statement responding to the European Commission’s public consultation on current VAT rules for insurance and financial services. “CFE are of the view that current exemption works well in general in the sector. However it is unfortunate the CJEU case law precludes the application of the cost sharing exemption and, particularly on transactions between …

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137: Sharon Naidoo

‘Every CFO or finance professional should do a secondment within sales.’ By her own admission, Sharon Naidoo has a very generalised personality that has led to a diversified career, most notably her experience in sales, which has provided her with valuable empathy for the functions and roles of all staff in an organisation. CIARAN RYAN: …

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