The Digital Finance Imperative: measure and manage what happens next.

By 2018, one third of the top 20 market share leaders will be significantly disrupted by new competitors with new offerings, new business models and new cost structures (International Data Corporation). We see this in every sector – hospitality with airbnb, transportation with Uber, payment systems with square and PayPal. It is clear organisations must embrace digitally-enabled business models and leverage new technologies to stay ahead of the competition; so how is the finance function reacting to the way digital technologies are reshaping the competitive landscape and transforming companies’ value creation?

This global research report from CIMA and AICPA, commissioned by Oracle, reveals how 744 finance executives from across the globe evaluate the impact and role the CFO can play in creating value with digital technologies.

Topics covered:

Management accounting: Technical: Management reporting & analysis: Performance management, Advanced
Management accounting: Digital skills: Data strategy and planning, Advanced

2 Comments/Reflections

James Miln Apr 2016

CFO does play a key role as digital change agent, within own function and for organizational

We remain the steward of capital – critical role, controllership, tax, treasury, IR is backbone of strategic finance capabilities
But finance can increasingly be a catalysts of change – clear understanding of the financial and non-financial growth drivers in the space – modelling can be very dynamic – info/data changes in a more volatile environment - see how internet disrupts and is disrupted (e.g. desktop only to a mobile first world)
partnering teams to take more control of data governance and drive a higher more accurate cadence of operational data to executives, beyond financials

James Miln Apr 2016

CFO does play a key role as digital change agent, within own function and for organizational

We remain the steward of capital – critical role, controllership, tax, treasury, IR is backbone of strategic finance capabilities
But finance can increasingly be a catalysts of change – clear understanding of the financial and non-financial growth drivers in the space – modelling can be very dynamic – info/data changes in a more volatile environment - see how internet disrupts and is disrupted (e.g. desktop only to a mobile first world)
partnering teams to take more control of data governance and drive a higher more accurate cadence of operational data to executives, beyond financials

Digital skills

The Digital Finance Imperative: measure and manage what happens next.

2 Comments/Reflections

James Miln Apr 2016

James Miln Apr 2016

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