143. Financial Transformation Live: Building Out Your Finance Data Strategy

CFO 4.0

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This week's episode of the CFO 4.0 podcast is taken from our most recent Financial Transformation Live session where Hannah Munro delves into the crucial aspects of financial transformation and how a robust data strategy can play a pivotal role in enhancing your organisation's financial performance.

In today's rapidly evolving financial landscape, data has become a strategic asset that can make or break a company's success.
Key Discussion Points:

• Understanding the Role of Data in Finance: We will explore the transformative potential of data in finance and how it can revolutionise traditional financial practices. Discover why a well-defined data strategy is indispensable for staying competitive in the market.
• Designing an Effective Finance Data Strategy: From data collection and integration to analytics and visualisation, we will guide you through the step-by-step process of building a data-driven finance approach.
• Overcoming Challenges and Pitfalls: Implementing a finance data strategy can present unique challenges. During the live session, we'll discuss common pitfalls and effective strategies to overcome them, ensuring a smooth data transformation journey.
• Leveraging Data for Informed Decision-making: Find out how a robust finance data strategy empowers organisations to make informed, data-backed decisions.

Links mentioned:

• August FTL: Building Out Your Finance Data Strategy
• Revisit previous Financial Transformation Live sessions
• Register for September's Financial Transformation Live session
• CFO 4.0 Monthly Briefing
• Financial Transformation Live Feedback survey

• Explore other CFO 4.0 Podcast episodes here.
• Subscribe to our Podcast!

Chapters

1. Building a Finance Data Strategy (00:00:00)

2. Improving Competitive Position With Data Strategy (00:07:23)

3. Implementing Data Quality and Validation (00:23:19)

4. Financial Transformation With ITAS and Sage (00:36:54)