In this video:
Keynote Address by P Ramakrishnan, Board Member, Bombay Chamber & Vice President – Corporate Accounts & Head Investor Relations, Larsen & Toubro Limited
Topic: CFOs: Navigating the Future
Key Highlights:
[1] Present-day CFOs ought to be strategic visionaries, collaborative integrators, transformative catalysts, and grounded communicators.
[2] CFOs must ensure that technological advancements such as GenAI, Super Apps, Industry 5.0, block chain, quantum computing, and sustainable tech are integrated into organizational operations.
[3] CFOs must make significant investments in cybersecurity to safeguard data, skill the workforce, and keep up with technological advancements.
[4] In today’s time, integrating ESG into financial reporting is crucial, and the ESG framework in financial reporting requires the appropriate technology and skillset.
[5] Blockchain, IoT and Edge computing, real-time data visualization, ERP systems, RPA, and data analytics through AI and ML are some of the key tools that finance, and accounting should leverage to achieve digital transformation.
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