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12 January 2017

Robotics....a transformation opportunity or just an extra layer of complexity?

I seem to be involved in conversations every day about how Robotic Process Automation (RPA) can improve efficiency and reduce the risk of processing and reporting errors. The whole of the financial services sector regardless of the size, complexity, underlying business or geographical footprint is interested in the topic. Many...

03 January 2017

Better together - risk and finance alignment

By Tom Fish and Innes Ledingham As banks continue their drive to become stronger and more sustainable they must embrace the benefits of greater teamwork, partnerships and collaboration within their organisations. As regulatory, structural and cost challenges continue to escalate, risk and finance alignment is, more than ever, a key...

21 October 2016

Closing the books on fastclose?

By Vivienne Snelus On Friday we hosted the first of a number of round tables in our ‘Finance in FS’ series and had a really interesting session with attendees from across Banking and Insurance. The focus of the session was ‘time to report’, following our recent study of reporting timelines...

19 September 2016

Can your Finance function help predict the post-Brexit future?

By Philip Kam That’s a hard question to answer! There are lots of opinions on whether organisations can predict the future post-Brexit or what Finance’s role in that could be. Only time will tell what the full extent of Brexit will be. However, there are already clear impacts on business...

10 June 2016

Marshes and bogs… Stepping through the challenges of Financial Planning in the Public Sector

By Surit Patel and Joy Aitken Leading practice – high and dry Leading finance functions in the Private Sector, as seen in PwC’s 2015 finance benchmark report, use efficient forecasting, planning and budgeting processes to free finance professionals to focus on bringing insights and value to the rest of the...

20 May 2016

Finance in the digital age

By Jack Miall Outside of work we’re used to using social media and other collaboration tools to communicate and share ideas with our friends and family. I recently attended an event at PwC, hosted by Jemma Ingham (PwC, Director), Brian Furness (PwC, Partner), Gerard Newman (PwC, Partner) and Mark Newton...

29 April 2016

Finance 2.0 – Machine Wars: “Terminator” vs “Enabler”

By Clement Chan and Ashleen Ngion Since calculator watches first appeared in the 1970s, we have been obsessed with digital and technology. The world is now in Beta. Technologies, trends, markets and economies are in a constant state of flux. Long term strategies can no longer help a business sustain...

30 March 2016

Robotics

By Anish Shah At PwC’s Finance Leaders’ Summit in London, 62% of Finance Leaders either agree or strongly agree that the advancement of process automation will impact their business in the next 12 – 24 months. I regularly talk to clients about Digital Finance and have seen several, including PwC,...

19 February 2016

Only the paranoid survive

By Alex Wright 88% of companies in the Fortune 500 didn’t exist in 1955. Just think about what this means for finance. If we argue that newer, leaner companies, often in the sphere of technology, have far smaller and more efficient (and often cloud-based) finance functions, then surely as these...

05 February 2016

Stewardocracy

By Rod Staples I like language and words. I like new words. A new word I like especially is ‘stewardocracy’. It’s really new – you won’t find it even on Google – because I’ve just made it up. So what does it mean? Literally, it means rule by the ‘stewards’....