Navigating The Technology Wave: Smart Strategies for Corporate Accounting & Finance in the Tech Tide

Overview

This session explores how corporate finance and accounting teams can navigate today's fast-changing tech landscape.

With advanced analytics, AI, and automation reshaping the profession, we'll look at both the challenges and opportunities for controllers. The session begins with a breakdown of key technologies and their real-world impact. From there, we'll introduce a framework to assess and adopt tools that align with your organization’s goals -- improving accuracy and efficiency in financial reporting.

We'll cover:

• Internal and external pressures driving tech adoption
• Practical steps to streamline operations
• The role of automation and real-time data in decision-making
• Strategies for leading change and managing team dynamics

We'll also emphasize the importance of continuous learning and building a culture that embraces innovation. Attendees will walk away with actionable insights to lead their teams through digital transformation and position themselves as strategic leaders.

This session is a rebroadcast from the 2024 AICPA & CIMA ENGAGE conference.

Prerequisites

None

Objectives

• Select a proactive approach to continuous learning and adaptation in the face of emerging technologies.
• Recognize the skills needed to lead teams through technology transitions, address resistance, and foster a culture of innovation.
• Identify how controllers can leverage automation to improve efficiency, accuracy, and real-time reporting.
• Indicate the pros and cons of leveraging automation. 
• Recognize how to manage risks associated with digital transformation, including cybersecurity concerns.
• Identify how to evaluate and select the right technology solutions that align with organizational goals and enhance financial processes.

Highlights

• Artificial intelligence, AI, automation, analytics, technology, strategies, innovation, change, efficiency, data, future trends