The role of the CFO has changed significantly in recent years. Fifty years ago, hardly any company had a CFO, but today it’s a role with an ever increasing number of responsibilities. Are CFOs becoming the modern day Sun Kings? Or are their days numbered?
Everyone understands the benefits of leasing a car. You don’t have to worry about maintenance or unexpected costs. Anyone who drives a lease car should really migrate their business software to the cloud today, because the same benefits apply. And more.
For years, business cloud adoption has lagged behind our enthusiasm as private consumers for services such as Spotify, Netflix, Gmail and Dropbox. But business cloud use is on the rise. For the skeptics among you, we've listed five benefits of the private cloud.
Did you know that in Southern Europe, VAT has to be withheld and paid towards invoices from freelancers? And did you know that the financial year runs from April to March in Japan? And that the German Finanzamt requires data from your administration to be submitted in a specific format? These might not be the most appealing aspects of international business, but you will encounter them if you have offices abroad. How do you link the administrations of your international offices with one another? We give you five tips to make your life easier.
For many companies, technological innovations are becoming a reality. Internal and external developments have to be constantly assessed, anticipated and acted on. This drive for transformation will put companies under major pressure. How can HR stay ahead of the curve?
Many people know the private cloud is more secure, easier to use and more flexible than on-premise software, but they’re discouraged by the apparent hassle of actually making the switch. But don’t worry! The whole process can be implemented within two hours.
We’re regularly sent reeling by large scale hacks and virus attacks. That’s why so much attention goes out to cyber security. But let’s be honest: do you always install your updates on time?
Far-reaching digitisation is the new standard in finance. Smart, fully automated processes eliminate manual transactions and complex spreadsheets. No hands accounting, as it’s known at Exact. Exact CFO Onno Krap, and Kevin Mottard, manager of the Dutch CFO community at Alex van Groningen, explain the radical impact of digitisation on companies.
‘If the financial professional doesn’t act quickly, disruption will ensue.’ Last week, the Free University and The Royal Netherlands Institute of Chartered Accountants (NBA), two Dutch educational institutions, published findings that the financial role is ripe for disruption. In their research, they addressed the questions of what the impact of technology on the finance role is, the current extent of the application of Robotics and Data Analytics (RDA) in the financial role and how this will change the required knowledge and competences of the financial professional. Conclusion: the majority of financial professionals underestimate the impact of technology in their work.
HR is not taken seriously in the majority of organisations and this is primarily because of HR itself. And by this I don’t mean that HR professionals are seen as 'softies'. No, it concerns the balance between the heart and mind, between sensing and knowing and between having a hunch and actually being 100% sure.