Becoming a digital CFO: 7 practical tips on how Finance can lead digital transformation

In a recent Gartner study, most CFOs declared that they were more concerned with growth than the CEO.

This is a striking finding. The finance department, perhaps up to this point only asked to sign the cheques for growth efforts elsewhere, is now where the company is turning to fund the growth and identify where growth can come from.

How can finance become more proactive in identifying growth areas? What needs to change in the finance department to go from a reactive function to a proactive growth enabler?

In this environment we have seen the emergence of what you could term the ‘digital CFO’.

In this whitepaper, PMsquare Asia explores seven practical tips for CFOs who lead digital transformation, not only in finance but across the business.

We explore how utilising tools such as IBM Planning Analytics with Watson can provide a single integrated platform for XP&A, providing the speed, agility, and foresight an organisation needs to move beyond traditional planning limitations.

Organisations can achieve accurate and real-time budgeting and integrated planning across the organisation, including sales planning, financing planning, supply chains, and other plans, within a single platform.

For more information about how to facilitate decision-making to maximize business performance and respond quickly to the rapid changes in the Digital Transformation era, download our whitepaper below.

IBM Planning Analytics with Watson is the integrated single platform for Extended Planning and Analytics that provides the speed, agility, and foresight your organization needs to complete successfully. It helps organizations move beyond traditional planning limits to achieve accurate and real-time budgeting, planning, forecasting, and analytics for both financial and operation planning including sales planning, financing planning, supply chains, and other plans within a single platform to facilitate decision making to maximize business performance and to response in a quick manner with the rapid changes in the Digital Transformation era.

About PMsquare Thailand

PMsquare Thailand delivers enhanced, data-driven business performance through collaboration between our passionate experts and clients. Our specialist SMEs and global consultant teams are enablers of change and transformation in supply chain, information management, FP&A, project delivery, and managed application services. Our multinational experience is paired with local knowledge and industry expertise. We operate across Asia Pacific, with teams in Thailand, Singapore, India, Sri Lanka, Philippines, Australia and New Zealand.