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Future finance workforce

15.11.2020
Brecht32979

Are finance workers ready to trade spreadsheets for scenarios? A combination of forces is driving the need for change across the workforce. Learn more at htt Success of the future finance function will come from having both the right technology and the right talent and skillsets. Now is the time to explore if your finance team is ready and what will be needed to support the future needs of the business. 37%. are worried about automation putting jobs at risk - up from 33% in 2014. 74%. are ready to learn new skills or re-train to remain employable in the future. 60%. think 'few people will have stable, long-term employment in the future'. 73%. think technology can never replace the human mind. The financial services industry is no exception. In fact, many financial services firms find themselves facing the following three common challenges in developing the workforce of the future: Building agility into every aspect of the organisation. Adopting emerging technologies, such as artificial intelligence (AI), robotics and automation. Future finance skills: how to prepare your workforce Systems have played a key role in businesses for decades; supporting, reporting and calculating key actions and movements. As a finance recruiter and former finance professional, I have seen systems evolve and modernise through the years, and witnessed their roles within organisations grow significantly. To lead the next-generation workforce successfully, finance leaders must work with their cross-functional peers on the following four imperatives: Monitor key trends that will impact the workforce Manage current and emerging critical financial talent skills to succeed in the future

To competitively position themselves for the future of work, financial services companies must learn how to lead the way to digital. They must do so without relying 

Information on valuation, funding, cap tables, investors, and executives for Future Finance. Use the PitchBook Platform to explore the full profile. 13 Mar 2018 FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! New technology, new rules: Reimagining the modern finance workforce. Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here’s how finance teams will need to evolve to make the most of them.

16 Oct 2019 “Aurecon selected Workday to help attract top talent and build a workforce fit for the future. Workday Financial Management will enable us to 

New technology, new rules: Reimagining the modern finance workforce. Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here’s how finance teams will need to evolve to make the most of them. “A new model for finance, aligning workforce competencies with new technologies, is emerging,” he added. While 45 percent of surveyed CFOs reported that most finance work would likely be via shared service centers, nearly half disagreed that office space for finance workers would be significantly reduced (including 92 percent of CFOs from the Technology sector). Build + borrow + buy. To deliver tech-enabled work in the Finance of the future, your first instinct might be to build your workforce by upskilling your team through training and development. That means identifying people critical to future operations and ensuring they get the learning experiences they need to step up. But financial services organizations can only build a future workforce through a comprehensive transformation of work, skills and the organization. Future of work We help financial services organizations to transform their culture and build tomorrow’s workforce, so they can thrive in a time of relentless change. the finance workforce of the future needs an appetite for risk, a stomach for ambiguity, and the guts of a savvy business advisor. Attracting, retaining and building these skills means profound The financial workplace of the future series Five future-proofing trends that are reshaping organizations To become a workplace of the future, financial services organizations will look to overcome legacy issues such as aging core banking systems and growing webs of regulation, while capitalizing on new technology and new employment models to better serve clients.

New technology, new rules: Reimagining the modern finance workforce. Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here’s how finance teams will need to evolve to make the most of them.

To lead the next-generation workforce successfully, finance leaders must work with their cross-functional peers on the following four imperatives: Monitor key trends that will impact the workforce Manage current and emerging critical financial talent skills to succeed in the future

Finance › Strategic workforce planning: Mapping an organisation’s future To map an accurate vision of the future workforce, business leaders must understand how each one of the five elements in the framework affects the workforce and, by extension, the business. Right Size — getting the right amount of staff to reach your strategic

Build + borrow + buy. To deliver tech-enabled work in the Finance of the future, your first instinct might be to build your workforce by upskilling your team through training and development. That means identifying people critical to future operations and ensuring they get the learning experiences they need to step up. But financial services organizations can only build a future workforce through a comprehensive transformation of work, skills and the organization. Future of work We help financial services organizations to transform their culture and build tomorrow’s workforce, so they can thrive in a time of relentless change.

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