COMPANY NEWS: A survey of Australian C-suite executives and finance professionals commissioned by BlackLine, a leading provider of financial controls and automation software, has revealed that just 36% of CFOs are confident that their finance function has the skills required to help their organisation grow and adapt over the next five years. Furthermore, 61% of C-suite respondents believe Finance and Accounting (F&A) is failing to keep up with other areas of the business when it comes to digital transformation.
GUEST RESEARCH: Enterprise cloud application for finance and human resources Workday surveyed more than 260 global chief financial officers (CFOs) to shed light on the challenges they faced during the pandemic. The survey found that gaps in data management and analysis concerned CFOs, and the lack of data affected financial performance.
As the pool of skilled talent diminishes in the Australian market, organisations cannot afford to take a misstep in their talent strategy, according to new independent research by one recruitment firm revealing that the impact of a bad hire is more damaging and costly today than it was a year ago.
Australia and New Zealand CFOs say that digital transformation is a top-five corporate priority and a key to their company’s success, according to a new global survey of more than 1,500 CFOs and senior financial leaders across 13 markets covering most industries.
Millennials are predicted to make up 75% of Australia’s workforce by 2025 and are set to make a “positive and progressive” impact on Australian business, according to a new research report.
Counteroffers to employees in a bid to retain them are generally ineffective in the competitive employment market in Australia, according to one recruiter.
Staff acquisition and retention, and professional development for their employees top the list for Australia’s chief financial officers this year, according to a new study which also reveals that more than half of the country’s CFOs will focus on talent management throughout 2017.
Historically tech-averse Chief Financial Officers (CFOs) are now embracing cloud-based systems and data analytics tools to transform into forward-thinking strategic advisors, according to a newly released global study.
Australia’s chief financial officers expect there will be an increasing need for digital investment within the finance function, with the top three areas for investment to be data analysis, compliance and regulation and fraud detection/risk management.
It turns out that employees want different perks than their employers think, with CFOs and financial directors having different expectations about their employees’ wish list.
Corporate treasurers and financial managers have identified security, risk and connectivity as their top priorities and they require more speed, accuracy and flexibility to help their business in a digital era, according to a newly published survey of the Asian market.
Australian accountants and tax agents have been warned they are likely to lose collectively in excess of $500 million as a result of impending changes to Standard Business Reporting (SBR) procedures reportedly to be made by the tax office.
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