StrategieTage Finance 2020 | business factors Deutschland GmbH | 12 May 2020 | Schloss Bensberg, Kadettenstraße, 51429 Bergisch Gladbach, Germany

If the bill is generated from collected data on its own and business reports can be automated, then the financier has recaptured time to add value to their workforce to the business. In the age of increasing digitalization, the CFO is increasingly becoming a strategist alongside the CEO and his employees data managers who, in addition to structured financial data, should correctly interpret unstructured data such as customer behavior or key energy figures. In the future, financiers will be able to help collect mountains of data for accurate reporting and forecasting, which in turn will benefit management in decision-making. But above all there is the employee who has yet to be qualified for this challenge. In addition to modern financial software, it is also necessary to invest in the further training of existing and recruited staff. This is the only way the use of smart systems can automate repetitive work steps and thus secure cost reduction and quality improvement. When implementing such intelligent technologies, the strategic goals, the appropriate governance and the management of these change processes must not be ignored. As a result of digitization, there is also an acute need for action in the area of ​​finance, which has an impact on work within the finance departments as well as on cooperation with other departments as well as externally.

2020 Speaker

Prof. Dr. Michel Friedman
Journalist / Publicist / Lawyer