Challenges and opportunities facing the CFO in 2021 and beyond | Enable
Summary
These disconnected systems often require manual data entry using Excel spreadsheets and are one of the main reasons that many organizations are still struggling to stay on track of their rebate deals. However, streamlining data and adapting new technology should be a key part of the recovery plan, as it will help to give CFOs the information and confidence to make tough but critical decisions during these challenging times. This is the first economic disruption that requires a large part of the global workforce to perform their role remotely, making cloud computing necessary to keep the business functioning throughout 2021 and beyond. For finance teams operating manually, the switch to remote working has exposed a lack of control and visibility within rebate management processes but with the cloud this could all change. With technology playing a larger role in driving company value and competitive advantage, it is more important than ever that CFOs collaborate closely and effectively with CIOs.
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