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Financial Transformation

The pace of evolution for many corporate finance and accounting functions is accelerating. The mandate of the CFO is expanding and the challenges they face accumulating. This blog is an exploration of these topics.

Lydia Coyle

Lydia Coyle Management Consultant at Woodhurst

Making Membership Matter

How can we better explain the benefits of Building Societies and make membership meaningful for customers? Unlocking the value of membership across your Society is something that should remain front of mind throughout a transformation. Membership in Building Societies is a unique concept that can offer various benefits to individuals, but these ben...

/inclusion /predictions

Shagun Malhotra

Shagun Malhotra CEO and Founder at SkyStem

3 Secrets Behind Process Improvement Success in Finance

Embrace these strategies to pave the way to financial development success in your business. Process improvement in finance is typically about identifying inefficiencies, bottlenecks, or areas where businesses can make financial operations more efficient and accurate, such as budgeting, accounting, financial reporting, and payroll processing. By op...

Yahya Mohamed Mao

Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC

Revolutionizing Finance: The EU's Digital Finance Package and Saudi Arabia's Vision 2030

In the race to embrace digital transformation, both the European Union and Saudi Arabia have embarked on distinct journeys. The EU, represented by its Digital Finance Package, seeks to revolutionize its financial landscape, while Saudi Arabia's Vision 2030 propels it towards a diversified economy. This article examines the progress made by both re...

/regulation /markets

Retired Member

Retired Member 

What is Fintech as a service & the Impact of APIs on Fintechs?

Introduction to Fintech as a Service (FaaS) Fintech as a Service (FaaS) is a business model that enables companies to outsource financial technology (fintech) services to a third-party provider. This model provides companies with a more flexible and cost-effective way to access fintech services and improve their financial operations. Let's explore...

/security /wealth

Retired Member

Retired Member 

3 Steps Financial Services Firms Can Take to Keep Up with Digital Standards

In the wake of the COVID-19 pandemic, consumer expectations have risen across verticals, and financial services is no exception. Customers now expect their sensitive financial information to be instantly available from any device. Plus, traditional financial services companies are facing steep competition as disruption from fintech and Big Tech pr...

/people /predictions

Retired Member

Retired Member 

The FCA’s new sanctions tool – how should firms prepare?

This summer, the FCA issued a letter to the Chair of the Treasury Select Committee, answering questions on new sanctions that have been created following the invasion of the Ukraine by Russia. In the letter the FCA said that it will be automating its review process. In the past, it conducted on-site meetings, using face to face interviews and docum...

/regulation /crime

Jussi Karjalainen

Jussi Karjalainen CEO at Valtatech

How to build a business case for automating your source to pay processes Part 4

How to build a bottom-up, value driven business case for automating your source to pay processes that gets approved. Part 4. My last article covered the import steps of identifying the right technology and designing a realistic transformation roadmap. This article will look at the process of building your business case from a non financial point o...

/payments /cloud

Tatsiana Kuchminskaya

Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen

How Blockchain Can Improve Insurance: Enhanced Reliability and Speed

Insurance is one of the industries actively introducing technology into its processes. In 2021, 59% of insurance firms increased their investment in innovation to show customers new and better ways to deliver services, collect data, and detect fraud. Currently, blockchain technology constitutes a small but significant part of InsurTech's innovatio...

/payments /markets

Jussi Karjalainen

Jussi Karjalainen CEO at Valtatech

How to build an approvable business case for automating your source to pay processes - Part 3

My last article covered the importance of mapping out and getting to grips with your existing technology and data, and then setting out your proposed future ‘to-be’ processes, as you build your business case for investing in your source to pay systems. This article will look at the process of identifying the must-have’s for your future processes, ...

/payments /cloud

Suchit Poralla

Suchit Poralla Director, Strategic Customer Transformation at SAP

Value Management - The key to a successful digital transformation

The current economic climate and macroenvironmental factors are forcing companies to operate more efficiently. While on the surface, it may seem like the companies would delay digital initiatives in an effort to curb IT spending, in fact, digital transformations are more important than ever before to drive operational efficiency and deliver custom...

/cloud /covid-19

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