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Financial Transformation

The pace of evolution for many corporate finance and accounting functions is accelerating. The mandate of the CFO is expanding and the challenges they face accumulating. This blog is an exploration of these topics.

François Lacas

François Lacas Deputy COO at Yooz UK

Has Covid-19 helped digitise finance departments?

From all the negativity 2020 has brought with it for finance departments, one silver lining could be the rapid and immediate digitalisation of financial functions, argues Magali Michel, Director at Yooz. The issue of paper statements and invoices stuffed into cardboard boxes in the corner of the office has dogged traditional, or old-fashioned, fina...

/payments

Keith Stanton

Keith Stanton International Product Manager (Fraud & Risk) at FIS

Covid 19 and the effects on Fraud Prevention - Part 1

2020 has been a challenging for many reasons – the global situation has changed the face many industries – perhaps forever. For many years, the payments industry has spoken about the replacement of cash as a means of payment. Indeed, the National Audit Office in the UK states that only 3 in every 10 transactions are now cash and had projected that...

/crime /covid-19

Peter Davidson

Peter Davidson Business Consultant at Self Employed

WHY IS COMPENSATION PLANNING INEVITABLE FOR COMPANIES POST COVID?

Being a human resource manager or a compensation professional, the exercise of doing a compensation planning every year is a tedious task. With companies keeping their merit increase budget same year-on-year, it has become a challenge to reward and engage the right employee, more so, when the economy has been hit the hardest with COVID. Sluggish g...

/covid-19

Adam Holden

Adam Holden Chief Executive Officer at NorthRow

The Future of Compliance: Digital Transformation Meets Regulation

Digital Transformation (DT), is nothing new; it’s an industry in itself that has become diluted to a point where it has virtually lost its meaning. However it represents a step-change in the speed at which customer user experience (UX) and service innovation is delivered by regulated businesses. This should be throughout the customer journey, from...

Peter Davidson

Peter Davidson Business Consultant at Self Employed

Increased Volatility in Financial Markets as COVID-19 Surges

Source: CBOE VIX Options Stock markets, futures markets, and general business sentiment have taken a pounding since the devastating coronavirus outbreak, more recently renamed COVID-19. After a semi-rally mid-week, stock markets have retraced and surrendered gains on the back of an avalanche of negative data vis-a-vis the latest virus from Hubei

/markets /covid-19

Niall Twomey

Niall Twomey Chief Technical Officer at Fenergo

KYC Utilities: The Second Coming, Learning from Past Failures

In the previous blog, I examined the current compliance challenge and how e-KYC utilities can solve the age-old challenges of collection, validation and processing of customer data and documentation. In this blog, I look at the KYC utility models of the past and the three key learnings we can take from these experiments for the second coming of e-...

/regulation

Tim Scammell

Tim Scammell Office of the CFO at SAP

Turning Numbers into Actions

Today's executives are facing mounting pressures from a variety of new sources. The Traditional demands of product evolution and revenue generation remain unchanged. However, the wide-ranging ramifications of digitisation are forcing business leaders to evaluate new dimensions, such as customer experience, channel management, IoT, blockchain, and ...

/inclusion

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