IDC & MILESTONE WHITE PAPER

The future CFO andthe Digital world

“ “The CFO and how his teams must drive a transformation of financial operations to ensure the speed, data and cost efficiency of their competitive business.”IDC

In I Collaboration, Collaboration, DC, a white paper developed on Digital Crisis Recovery Response and Preparedness, in particular on Crisis Recovery Response and Preparedness, in particular on Digital Crisis Recovery Response and Preparedness, in particular on response and recovery preparedness from the COVID-19 crisis.

In this, technology has a key role to play in helping the CFO in their facilities, but as initiatives to respond to these different resource needs:

"The success of the finance function transformation is directly related to the CFO's ability to define a strategic strategy for the transformation and identify the use cases that can be implemented to achieve that goal."

Finance function's 7 Digital Transformation Programs

TRANSFORMATION PROGRAM #1

RISK AND
DIGITAL INSURANCE

“This program frames the use of emerging technologies to monitor and reduce losses for employees and the business, while selecting health insurance or other compensation mechanisms suitable for the Organization.”

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TRANSFORMATION PROGRAM #2
TREASURY AND SMART CASH MANAGEMENT

“This program frames the use of technologies to monitor cash position and cash-to-cash performance indicators in real time.”

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TRANSFORMATION PROGRAM #3
AUDIT AND DIGITAL COMPLIANCE

“This program frames the use of emerging technologies to monitor compliance in real time, audit in real time and automate regulatory reporting.”

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TRANSFORMATION PROGRAM #4
INTELLIGENT FISCAL MANAGEMENT AND OPTIMIZATION

“This program frames the use of emerging technologies to plan taxes in advance, optimize tax requirements and robotically file. “

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TRANSFORMATION PROGRAM #5
FINANCIAL ACCOUNTING AND DIGITAL REPORTING

“This program frames the use of emerging technologies for automation and real-time management of the financial, accounting and reporting areas.”

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TRANSFORMATION PROGRAM #6
OPERATIONAL ACCOUNTING AND DIGITAL CONTROL

“This program frames the use of emerging technologies for accounting, operational control, planning and continuous monitoring of the Organization’s performance.”

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TRANSFORMATION PROGRAM #7
DIGITAL SKILLS AND CAPABILITIES IN TRADING

“This program frames the use of emerging technologies in business transactions. It is related to the ability to virtualize, plan, integrate, monitor, predict and model processes to create new business models, mergers and acquisitions.”

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