Seven focus areas for finance leaders in 2022

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, there’s no going back for finance leaders; businesses have realised just how important they are when it comes to navigating unpredictability. In fact, 95% of senior financial decisionmakers report that they are now more directly involved in determining their companies’ overall business strategies than ever before. Gone are the days of simply reporting the numbers after the fact. Businesses now look to finance leaders for future-focused strategic guidance.

But it’s not a slam-dunk just yet. As businesses prepare for 2022, finance leaders need to build on their recent accomplishments by honing their advisory, digital and communication skills even more. The finance community lists its ability to report financial data accurately and with relevance as its number one priority. That might sound obvious, but 83% of finance leaders say that business finance and accounting has become much more complex.

anging business environment, finance leaders realise they need to become digital transformation experts. And to do that, 95% say they need better financial technology in their organisations. In a remote working environment, huge volumes of sensitive data need to be accessed and shared in accordance with safety and privacy regulations. Cybercrime, particularly data theft, presents a challenge for 50% of finance leaders and their teams.

There is every hope that 2022 will unfold with greater stability and security than the past two years. But if we’ve learnt anything from the pandemic, it’s that we can’t predict the future — unless you’re a digitally empowered finance leader thriving in the new working world thanks to your

 

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