Leveraging ChatGPT for Transformative Finance Functions: A Guide for CFOs

Leveraging ChatGPT for Transformative Finance Functions: A Guide for CFOs Technology is disrupting traditional business models more than ever and as such the role of the Chief Financial Officer (CFO) has evolved significantly. No longer limited to number-crunching, today’s CFOs are expected to play a strategic role in decision-making processes. Enter ChatGPT, a large language [...]

2024-07-29T11:22:40+08:00CFOs, ChatGPT|

The Integral Role of Data Analytics and Power BI in Modern Strategic Planning

The Integral Role of Data Analytics and Power BI in Modern Strategic Planning In today's hyper-competitive business landscape, gut instincts and traditional methods are giving way to data-driven insights. Data analytics now serve as the backbone of strategic planning, providing companies with the hindsight, insights and foresight they require to make well-informed decisions. As the [...]

Navigating the New Normal: Why CFOs are embracing Data Analytics and Power BI

Navigating the New Normal: Why CFOs are embracing Data Analytics and Power BI The role of the Chief Financial Officer (CFO) has never been more complex or challenging. Driven by many interrelated factors such as rapid technology change, changing consumer expectations and regulatory shifts, Perth CFOs are turning to data analytics to help them navigate [...]

10 Ways to Know If Your Budgeting Process Flow Is Broken

10 Ways to Know If Your Budgeting Process Flow Is Broken Discerning professionals know that efficiency is the key to business success in 2024. According to Forbes media, efficient processes are vital at every stage of your operation, including budgeting.  Is your budgeting process slow, exhausting and stressful? Do you wonder why you always find [...]

Complete guide to making faster, better decisions with Solver

Complete guide to making faster, better decisions with Solver The speed of making decisions matters. Small delays compound and cost money. The right decision at the right time can be a game changer for an organisation, so the pressure for CFOs and Financial Managers to make that decision quickly is immense. In this article, we [...]

AI and the Future of Financial Modelling

AI and the Future of Financial Modelling Financial Modelers spend most of their lives thinking about the future and imagining different scenarios for their clients. But what about the future of financial modelling? Can Artificial Intelligence Replace the Modeler? There are some modelers who predict that artificial intelligence (AI) and machine learning will eventually become [...]

Letter to the CFO – Key decisions for a more efficient business

Dear CFO / CIO, I am writing on behalf of your office staff - they need your help.   There are FOUR decisions you can make today that will make your business a more efficient and a more engaging place to work. 1. Commit to providing regular training for your staff Picture a scenario where a [...]

Infographic: How Digital Disruption is Changing the role of the CFO

Infographic: How Digital Disruption is Changing the role of the CFO Any CFO that still thinks their main role is to produce accounts and lodge tax returns will soon be out of a job. Digital disruption is changing the world’s economy, companies, and every job function they contain. We surveyed a number [...]

2017-03-08T03:53:54+08:00CFOs|

58 Crazy Excel Stories (that are probably happening in your company right now)!

  58 Crazy Excel Stories (that are probably happening in your company right now)!Crazy things happen when you mix untrained users with Excel.It’s not really rocket science.  Crazy things would happen with any complex system if you don’t train people properly.But many companies simply assume that everyone knows Excel, so they don’t need much (if any) [...]

What to do when they just fired your Excel Guru

"OMG! They Fired our Excel Guru!" Unfortunately, this is all too common these days. Companies, in their over-zealous quest to reduce costs, fire the one person who actually knew how to operate that really complicated Excel spreadsheet that's critical to the report you need to send out next week. What were they thinking!!! Now what? [...]

CFO Secrets of Analysing under Pressure

CFO Secrets of Analysing under Pressure The CFO and their Finance Department are under more pressure than ever before as a result of cost-cutting, staff cuts and an ever increasing demand for analysis to support business decisions like: What are the cost synergies if we acquire X? What if we cut projects A & B, but [...]