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Business organisation's CFOs tasked on adoption of new techniques to boost functionality


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AS organisations enter the recovery phase in the wake of COVID-19, new challenges and realities will need to be embraced with technology at the centre. It is in the light of the aforementioned that Chief Financial Officers of organisations have been called upon to adopt a new, agile way of thinking.
Making the call in a paper titled:” Redefining Role of CFO Beyond Ties of COVID-19”, was the Chief Finance Officer for  Middle East Africa Emerging Markets at Microsoft, Tarik Bouarfa. He posited that:” Drawing lessons from these  unsettled months, CFOs must now permanently build speed and flexibility into functions that encompass forecasting,  planning and resource-allocation processes and incorporate new tools and rapid decision-making protocols into the  finance team’s day-to-day work.” ....

Tarik Bouarfa , Chief Financial Officers , Chief Finance Officer , Middle East Africa Emerging Markets , Tech Intensity , தலைமை நிதி அதிகாரிகள் , தலைமை நிதி அதிகாரி , தொழில்நுட்பம் தீவிரம் ,

Redefining role of CFOs beyond Covid-19 setback


Redefining role of CFOs beyond Covid-19 setback
Thursday January 14 2021
Summary
With no doubt, CFO’s will continue to face significant challenges to confidently make the next best decision for their company, their team, or their customers.
In the coming months, we will continue to see many organisations adapt to the new reality that has presented itself in the wake of uncertain times.
As an industry, we encourage and will continue to do so – addressing those challenges with technologies that will enable CFO’s and the organisations they represent to operate effectively.
The setbacks experienced as a result of the Covid-19 pandemic have been unlike any seen before. The impact seen on the financials of industries and organisations across the globe has been unprecedented – with many not surviving to this point. Globally, chief financial officers(CFOs) and finance teams have been hard at work to lead their organisations through the immediate crisis, ens ....

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