News & Insights

How CFOs can digitalise the finance industry

Finance as a function must ensure that any data applied is reliable and everyone has confidence in the information used. If data quality becomes a challenge, managing and assessing the overall strategy and associated investments will become a concern. The digital transformation of finance requires a shift towards automating many processes with a move to […]

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How generative AI can support the finance industry

Finance businesses are exploring how generative AI can support employees and customers with a range of text and numerical processes. Financial companies want to capture generative AI’s significant potential while managing the risks. In the finance industry, however, businesses are exploring support on the best way forward. The broad language models within generative AI have […]

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How CFOs can drive innovation in the finance industry

Innovation has become a driving force in today’s advancing business landscape. CFOs play a critical role in managing their organisation towards financial advancements, and their potential to drive innovation can be transformative. One way CFOs can drive the change in innovation is by utilising the power of technology. The finance industry has experienced significant progression […]

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Finance leaders highlight the prospect of AI and its impact on productivity

Finance lenders anticipate considerable gains in terms of efficiency with the rise of AI technology. In 2017, Deutsche Bank’s CEO stated that robots would replace nearly half of his workforce in the coming years. At a similar time, the former Citigroup CEO predicted that approximately 30% of global finance jobs could disappear due to AI […]

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The role of ESG data in improving access to finance for SMEs

ESG has become a top priority for many companies, but with mounting concerns surrounding greenwashing, how businesses accurately measure their global impact is critical. ESG data represents a valuable resource and could help increase access to funding, especially for smaller organisations. In recent years, the requirement for higher levels of transparency on ESG impact from […]

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Top priorities for finance teams for the remaining part of 2023

The continued concerns of a possible recession, inflation concerns, and geopolitical instabilities create challenges for businesses and their associated finance teams. As we near the end of the year, economic uncertainty continues to dominate many discussions. These challenges require finance professionals to be capable of adapting and responding to enhancing operations and informing businesses with […]

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How to become a contractor – deciding to move to self-employment

With redundancies and unemployment rising, more people are considering the opportunities self-employment offers to generate income. For some, managing their own business provides achievement and flexibility, but there are factors to consider before making the move. Before choosing self-employment, you must research and prepare for a new journey.  Managing your clients, handling unpredictable income and […]

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Financial services companies move to automated, data-focused processes for new products and services

With the rise of multiple fintech startups and continued shifting customer preferences for digital banking, financial services businesses have endured many changes over the last few years. Shifting to automated, data-driven processes is the most effective solution for businesses to manage disruption and harness new opportunities. As customers have increasingly moved to online services, the […]

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Open Banking: Innovating and empowering customers in finance

The finance industry is experiencing a significant transformation spurred on by the rise of open banking. This revolutionary stage has accelerated worldwide, enabling financial innovation, driving competition and empowering customers. Open Banking Explained Open banking involves a shift away from traditional banking by enabling customers to control their financial information. It allows people to manage […]

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The data challenge for the finance industry

The Chief Product and Technology Officer at Spendesk recently discussed the benefits of data for the finance industry. In our digital world, finance and fintech companies consistently look for ways to use data to deliver more personalisation and relevant services. Product-related data provides vital insights into behaviours, choices and customer demands, which can support the […]

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Why financial analytics is becoming more critical for businesses

Financial analytics has become a critical factor for success in modern business. Most companies are starting to invest in big data analytical tools to deliver cost savings and increase revenue and productivity. According to reports, the data analytics market is expected to expand considerably, exceeding $221 billion in 2027. The rise of technology plays a […]

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Six ways CFOs can increase the potential of transformation success

Adapting and transforming business activities during challenging times is vital. According to EY, progression and future success are more likely if CFOs can focus on six complex human-based factors. CFOs recognise from experience that successful transformation is challenging and requires their input.  A recent study between EY and the University of Oxford Said Business School […]

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