The function of business finance is undergoing transformational change
Increasingly organisations are looking to you and your team to generate value by delivering data-led insights to make informed decisions and support growth. To prosper and grow, your team need to stay agile and future-ready, embracing new skills and taking advantage of opportunities hidden among the risks.
Here is our latest content and guidance for finance leaders. Use these resources to stay ahead and thrive in your role.
Creating value in your changing supply chain
Finance leaders need to be ready for uncertainty, and address ESG and supply risk concerns, as well as increasing regulation and tax issues. Join our webinar and ensure your supply chain is resilient, sustainable, and report-ready.
Grow workforce loyalty during the great resignation
With 7 out of 10 employees confident about moving to a new role in the next few months, employers must work harder than ever to grow workforce loyalty and meet the increasing demands for a purpose-led organisation.
Top priorities for finance leaders - from other finance leaders
The finance remit is broadening, with the business looking to finance, to guide and steer how the it adapts and evolves.We have spoken to CFOs and FDs through our series of CFO rooms, round-table events and other discussions, and here’s the priorities they shared.
Attracting, retaining, and engaging talent
“Recruitment and retention is very difficult right now with wages spiralling. It’s my number one priority.”
“I need to create strong development plans for our finance team to motivate them to remain in the business and progress through their career path.”
“The finance team need to improve efficiency by using digital tools. Our people want to upskill their data and analytical capabilities.”
“We need to consider different sources of talent including apprenticeships and refugee pathways in order to promote our D&I agenda.”
The UK economy is facing a digital skills shortage – apprenticeships can help your organisation stay ahead of the market
“Our systems landscape lacks integration or a strategic direction. We need to simplify before we can think about AI or automation.”
“We have identified a number of manual processes which we believe could be automated, but we don’t have the time or capability to do so.”
“We have started to upgrade our infrastructure and software to support our new hybrid way of working, what other technologies could assist us?”
“Our recent investment in technology has resulted in more data being captured. Now we aren’t sure about the real source of the truth within the business. How can the finance team lead the way in streamlining the data now available?”
Digital transformation remains a priority for finance leaders.
“How will the government’s Tax Plan impact my business?”
“Now that the furlough scheme has ended, we need to ensure our historic claims were accurate and consider any knock-on effects to other areas, such as R&D salary costs.”
“We are considering our M&A options to enhance our growth but we want to have clarity on the tax structures we need in place.”
“With the volume of tax governance legislation such as Senior Accounting Officer rules, Criminal Finances Act, Uncertain Tax Positions and an increased audit focus, I need to look at our tax risk registers and consider how we govern our tax compliance.”
The government plans to further reform the research and development (R&D) tax regime.
From what the Spring Statement announcements mean for tax and the role of finance in the D&I agenda, to accounting for IT spend and the incoming Appointed Representative regime – receive practical CPD-accredited guidance to help you in your role.
The CFO room is a dedicated, stimulating, and interactive space for a one-to-one discussion and challenge where you will be able to work on your key strategic, financial and leadership issues and leave the session with a 180-day action plan.