Demystifying Digital Transformation in Finance
Digital transformation in finance has been on the docket for years. So, why do organizations still struggle? The status quo is filled with manual, spreadsheet-driven workflows and fractured application ecosystems that may have been caused by failed attempts at digital transformation — and significant investments alone will not guarantee success. These issues have led to […]
Adaptable, Yet Rooted in Values: A Primer on Company Culture With A2A’s Chief People and Transformation Officer
How do you create a company culture that is rooted in values and principles, while also being constantly adaptable and open to diverse perspectives of employees and stakeholders? It’s a question Mauro Ghilardi, chief people and transformation officer of A2A, an Italian “life” company, has given a good amount of thought to — because he […]
3 Foundational Steps to Help CFOs and Their Companies Get the Upper Hand on Managing ESG Data
Most public companies have made strides to provide meaningful environmental, social and governance (ESG) reporting to their stakeholders. However, even these leaders are concerned about complying with new proposed regulations from the SEC, which would require public companies to disclose extensive climate-related information in their SEC filings. CFOs are feeling particular pressure from this proposal, […]
New Protiviti SOX Compliance Research: Rising Costs, Labor Shortages and Other Post-Pandemic Challenges Necessitate Change
Sarbanes-Oxley compliance costs and hours continue to rise, but there are significant opportunities to make measurable, meaningful changes in the form of technology, automation and alternate sourcing strategies. Protiviti’s annual SOX Compliance Survey benchmarks compliance costs, hours, processes and improvements, including how these areas are affected by current business conditions. This year’s results show that […]
Finding Equilibrium: Transformative Regulations Create More Hurdles for TMT Companies
Whether due to poor data privacy protections, weak cybersecurity controls and oversight, or anticompetitive behavior, the financial and reputational costs for noncompliance with regulations continue to rise, with governments more determined than ever to make violating the law as painful as possible to companies’ bottom lines. This aggressive enforcement approach is particularly acute in the […]
4 Key Areas of Focus for CFOs to Enhance Talent and Workforce Management
The long-term talent crunch and “great resignation” that the pandemic only exacerbated require CFOs and their executive colleagues to ensure business and workforce management strategies operate in lockstep. The vast majority of workforces demonstrated unparalleled resilience and flexibility during the global pandemic. The most valuable organizational asset—people—shined while executing a massive mobilization in transitioning to […]