2020 brings a new decade, new technologies, and new challenges for businesses. In today’s blog, based on an article by Wendy Wang, Group CFO and COO at Tricor, we will discuss three trends that are transforming the role of the CFO in 2020. The expectations of a CFO are rising…

Did you know that Excel is used in approximately 75% of companies’ budgeting processes? There is no doubt that it is a powerful tool and that spreadsheets can be used for budgeting, but Excel was not designed specifically for this. It is missing some key controls, which end up making…

  As CFOs and other executives lead their businesses into the new year, many are looking out for how the changing technological and social landscapes affect how business operate. Companies that will emerge the strongest are the ones who understand the trends and technologies shaping the environment, and ones that…

Financial process automation can save businesses time and money, yet many CFOs are reluctant to embrace it. There are many directions financial process automation can take — employee expense automation, accounts payable automation, accounts receivable automation, automating the budgeting and forecasting process, and beyond. The result can be less time…

Make Sure Your Strategic Planning and Budget are Aligned Every business needs a budget, right? But how do you know if your budget is right for your business? For most organizations, it is not enough to simply track all of its expenses and revenue. For your business budget (and your…

Your business intelligence strategy is a roadmap for your business’s success — and so is your corporate budget. Therefore, it makes good sense for the two to be connected. But further than that, your business intelligence strategy and budget shouldn’t exist as separate entities. They should co-exist and inform one…

CFOs are taking on more responsibility for system decisions while CIOs are getting more involved in business and strategy decisions than ever before. With everything ‘moving to the cloud’, the role of both the CFO and the CIO are changing. Are you changing with it? Are you falling prey to…

We’re approaching the end of 2017. It has been a year of change and growth, but of course you’d expect nothing less with the pace at which the business seems to go these days. So, what can the modern-day CFO expect for 2018? We’ve covered a few of the most…