Summary
This report investigates the current landscape of automation in the finance sector, focusing on the challenges and priorities faced by finance leaders in 2023. It highlights the findings from a survey conducted among 1,575 financial decision-makers across various countries, including the UK, USA, and several European nations. The survey aimed to understand the impact of inflation, workforce dynamics, and ESG standards on financial operations. Key findings indicate that 94% of organizations are actively working to mitigate inflation's effects, while 54% express concerns about the shortage of qualified financial talent. The report also emphasizes the importance of automation in enhancing productivity and improving financial processes. It outlines the top skills required for CFOs in the current environment, such as problem-solving and adaptability, and discusses the growing trend of digital payments and e-invoicing as essential components of modern finance operations. The document serves as a comprehensive analysis of the evolving role of finance leaders in navigating these complexities.
