Technology will empower accountants - it won't replace them!
If you’re a CFO and aspiring to be a strategic business partner, this recent paper from University of Melbourne is a really good read. The table on page 4 gives a neat summary of leading edge capabilities to strengthen your role as the trusted adviser. This will help improve your leadership influence. The insights on future finance technology are really helpful.
We live in an age of unprecedented technological change which has triggered an explosion in information and knowledge. While the pace and scale of change has increased, thus far the accounting profession has largely kept pace with technological progress. The purpose of this report is to review current technological changes and chart a path that enables accounting professionals to continue to thrive in the face of these developments.
Read the full report here.