Mumbai May 15: ANSR, the market leader in enabling organisations build, manage and scale global teams through Global Capability Centers (GCCs) has launched its latest report on the top finance trends, priorities and challenges for FY2024, in collaboration with India’s leading GCCs.
Launched as an e-book, the report carries global CFOs’ predictions for FY24 and their key focus areas that will define the business landscape in the current fiscal year.
Talking about innovation in finance sector, Abhilash Raghavan Chief Financial Officer, ANSR said, “As finance enters a new era of digital transformation, technology-enabled change both in the finance function and the wider business is imperative, said a press release today.
By prioritizing automation, finance leaders can enhance their ability to broaden their focus and increase their impact across the business. Automating mind-numbing tasks will enable the finance team to focus on data wrangling, building models & forecasts, and offering valuable insights to the leadership that enable sharper business decisions.”
The ANSR report covers the perspectives of GCC leaders across diverse industries to create a panoramic picture of the finance sector. The e-book quotes finance leaders including Anand Venkateswaran, Vice President, Finance, Target in India, Kavitha Ramesh, Chief Financial Officer, ANZ, Hemlata Nevetia, CFO & Director Shared Services, Allstate India, Ariel Márquez, Managing Director & CFO, Falabella India, Rajaganesh Subramani, Head of Operations & Finance Controller anko, Mahesh Akkasetty, Director – Finance, Victoria’s Secret & Co. and their approaches to deliver the change.
2023 will be a more challenging and unpredictable year compared to 2022, with companies still navigating through incredibly turbulent waters. The working landscape will be impacted by recessionary pressures, economic uncertainty, geo-political issues, higher cost of capital, currency fluctuations, in addition to the lingering risks of the pandemic.
For businesses to stay afloat, companies need to shift focus on value consciousness across the business, improving efficiencies and enhancing controls, and building trust and collaboration.
The most pivotal enablers of growth with continue to be technology and talent, with emphasis on AI, ML, and analytics to make better decisions, upskilling and reskilling of the workforce, and developing curiosity and an entrepreneurial mindset, the ANSR e-book inferred. UNI SP SSP.