#12 THE IMPORTANCE OF ACCOUNTING & FINANCE IS GROWING NOT WANING

Our Perspective

After spending the last decade at the tech and finance crossroads, we emphasise the growing influence finance and accounting professionals will wield in the tech-powered business arena.

1. Turning 80:20 to 20:80 with Curiosity:

• The rapid pace of change in the tech world is breaking down accessibility barriers. The shift from financial data mining to analysis allows finance professionals to focus on value-added activities. This transformation is achievable for businesses of all sizes and maturity levels, with cutting-edge capabilities at a fraction of the traditional cost, effort, and time.

2. Tech Propels, Not Hinders:

• Technology is here to amplify, not replace, the valuable commercial knowledge, financial context, and diligent judgment that guide decision-making. Whether in auditing, fraud detection, investment proposal development, financial planning and analysis, fundraising, or strategy formulation, finance professionals' roles are enhanced by tech savviness. Emerging technologies beyond traditional toolsets complement these specialisations.

3. Augmenting Capabilities:

• CFOs and finance leaders should continue investing in their teams' tech knowledge and capabilities with a long-term view, supplementing this with outsourced expertise as needed. A human-centric approach often delivers better results than off-the-shelf solutions, especially in an age where diligent application provides a competitive edge over mere adoption.

Speak with our team to uncover our efforts in expanding the value of finance professionals.