How to Overcome The Barriers To Finance Automation
“Understandably, there can be resistance to a new application because there is comfort in doing things the same way,” says Labor Finders CFO Leslie Cotton.
“Understandably, there can be resistance to a new application because there is comfort in doing things the same way,” says Labor Finders CFO Leslie Cotton.
To secure young talent, many CFOs have had to adjust compensation and position accounting more thoughtfully to potential hires, says Nicholas Malone, CFO of E78 Partners.
“CFOs need to set the tone at the top for technology adaptation and integration, or lower-level staff will be less likely to take the initiative and master the new tools,” says the president and CEO of the IMA.
The expansive global tax compliance challenges outlined in Pillar Two, thought to affect only large multinationals, have CFOs at fast-growing midsized and smaller companies bracing for impact.
Conquer tax function challenges and focus on rewarding work.
A new proposal to change auditors’ responsibilities could have drastic impacts. ‘If our goal is to improve the audit process, making auditors’ jobs harder is not the answer.’