Future of Finance
My work with GENCFO, technology, data and AI
The world of work is changing; Artificial Intelligence is reshaping how we work at an increasingly faster pace. Finance is changing too. How do accountants stay relevant and not get left behind?
My Advice: We need to evolve.
Let's explore what evolution might look like for Finance
WE NEED TO EVOLVE
Here are my thoughts on the Future of Finance
01
Levels of Finance
3 levels and roles in commercial roles. Level 1: Data Specialists, Level 2: AI Super-powered Analysts and Level 3: Relationship driven Finance Business Partners
02
AI Enabled
AI acts as an engine to drive your automation, insights and reporting at pace. Personal Productivity increases
03
Foresight
Our superpower is creating financial plans and projections and holding others to account. This doesn't change!
04
New Skills
Data literacy, advanced analytics and questioning skills
Why not join the GenCFO community?
You can access their community via these links:
https://generationcfo.com/and join the conversation here https://generationcfo.com/membership/free-insights-sign-up
GenCFO Awards
I'm proud that the work has also received external recognition.
In 2024, I was named among the winners of the GENCFO Awards as Finance Director of the Year. For me, recognition like this isn't really about an individual award. It's recognition of the team, the transformation journey and the willingness of people across Finance and the business to challenge how things have always been done.