DigitalCFO Event

Challenges For CFO In 2023: Navigating Economic Uncertainty

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16 February 2023

  • Held on 16 February 2023, this executive roundtable had discussions on CFOs top priorities in the current economic climate, the expectations for the finance teams and the key areas to overcome these challenges. 
  • The executive roundtable saw notable attendees from Scoular, Secretlab, EM Services, Neste Asia Pacific and more. 

DigitalCFO Asia and LucaNet partnered to host this roundtable that was dedicated to sharing about the business environment of today and how beneficial automating and digitalising is in combating the top challenges CFOs are facing. Finance teams that are using antiquated manual procedures are simply not operating efficiently and changes must be made in order to survive the current climate.

The attendees for the roundtable included finance professionals (CFOs, Finance Directors, Head of Finance) from various industries such as engineering, supply chain, manufacturing, healthcare and more. The event saw notable attendees from Scoular, Secretlab, EM Services, Neste Asia Pacific etc.

The event kickstarted with a panel discussion that focused heavily on the key things that are necessary to overcome business challenges and uncertainties. First and foremost, data and insights need to be worked on. Sarath Kolachana, Manager, Accounting Advisory Services pointed out that there needs to be incremental improvements to data visibility, data management, budgeting and scenario-related forecasting. 

Shirley Hu, Finance & Accounting Leader further emphasized that when it comes to the business, everything needs to come quick, easy and immediate and the only way to do this is to automate and digitalise financial processes. Having conventional financial processes will only drill down the company’s ability in providing a single source of truth with the numbers and data that they have. Stakeholders of today are expecting real-time data analysis and support. Without the necessary resources and steps towards automation, there is simply no way companies can see an improvement in their scalability.

The roundtable also raised discussions on talent management and how employees want more insightful and challenging roles to provide value to the company. The problem with this is that organizations need to know how to efficiently redesign roles and provide necessary training so that they are able to feel fulfilled and be a value-add to the company. On that note, digital upskilling of the talent pool is one of the keys to upscaling a business.

 Key takeaways: 

  1. Financial Processes Must be Flexible – In the current market environment, businesses need to be able to easily access their capital to meet urgent needs that come from opportunities or crises. 

“Businesses need to be flexible especially in today’s market landscape,” says Denis Caes, Finance Director, APAC, Scoular.

  1. Fully Automated Processes Without Human Element Is Disastrous – It is important that finance leaders keep in mind the important role employees play in the finance team even after the processes have been automated. 

“People are necessary to drive transformation but once transformation happens, their jobs may be at risk which causes a dilemma. As we drive transformation in the company, we need to have a talent strategy in place as well so that we do not lose loyal employees,” shares Nicole Tan, Chief Financial Officer, Dornier MedTech America.

This is only the first of many events that are yet to come in 2023 and it was clear from today’s roundtable that everyone had a delightful discussion and definitely left the roundtable with a deeper understanding of the current economic landscape. DigitalCFO Asia will also be hosting the DigitalCFO Asia Indonesia Symposium 2023, on the 16th of March that will tackle more economic uncertainty challenges.

DigitalCFO Asia Executive Roundtable Series- Challenges for CFO in 2023: Navigating Economic Uncertainty | 16 February 2023

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DigitalCFO Asia Executive Roundtable Series- Challenges for CFO in 2023: Navigating Economic Uncertainty

16 February 2023, 11:00 AM – 1:00PM (GMT +8), voco Orchard Singapore, Vista 1 Level 3
581 Orchard Road Singapore 238883

Media Partner:


Event Synopsis:

To survive in the current economic climate, CFOs and financial departments must be flexible and adaptive. Despite digital transformation having created an abundance of systems that assist financial departments, many companies still find themselves using traditional methods for their financial consolidation.

Companies must undertake financial consolidation in a quick, error-free manner
that automates as much of the process as feasible in the hectic business environment of today. Companies’ finance teams are not operating efficiently if they continue to use antiquated manual procedures and spreadsheets for daily financial aggregation, planning, and analysis. What will they require, then, in order to get the most out of them and make sure they’re efficient?

Join DigitalCFO Asia and LucaNet in this exclusive discussion on how CFOs and Finance Leaders can better support their team with the aid of financial consolidation automation.


Discussion Points:

· How is modernising and simplifying your finance system essential in today’s uncertain economic climate?

· How does having digitally transformed finance teams improve performance?

· How to amplify focus on value generation and empower your employees?

Who Should Attend:

CFOs, VP/SVP Finance, Finance Directors, Head of Finance, Head of Controlling, Group Accountant

Register for your complimentary pass today!


View the DCFO X LucaNet Executive Roundtable Series- Challenges for CFO in 2023 schedule & directory.

DigitalCFO Asia Executive Networking Luncheon – Retaining Your Finance Team In A Modern Workplace | 24 Nov

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DigitalCFO Asia Executive Networking Luncheon – Retaining Your Finance Team In A Modern Workplace

24 November 2022, Thursday, 12:00 PM to 2:00 PM (GMT +8)
National Kitchen by Violet Oon,
1 St Andrew’s Rd, #02–01 National Gallery, Singapore 178957

Media Partner:


Event Synopsis:

Working from home and hybrid-work arrangements were vital during the Covid-19 outbreak. In the post-Covid era, are these arrangements here to stay?

Flexible work hours are essential for happier, more productive employees as well as a more successful business overall, according to a wealth of scientific evidence.

Join DigitalCFO Asia in this exclusive luncheon, discussing how CFOs and Finance Leaders can retain finance teams in a modern workplace setting.


Who Should Attend:

CFOs, VP/SVP Finance, Finance Directors, that are involved in the following:

· Finance & Business Transformation

· Financial Planning & Analysis (FP&A)

· Strategic Planning & Forecasting

· Costing & Budgeting

· Treasury Operations

· Project Financing

· Accounting

· Statutory & Regulatory Reporting

· Financial Technology Solutions


Register for your complimentary seat today!



View the CFO Networking Luncheon 2022 schedule & directory.

DigitalCFO Asia Executive Roundtable Series- Accelerating Insights, Action and Growth with Digital Treasury Transformation | 22 Nov 2022

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DigitalCFO Asia Executive Roundtable Series – Accelerating Insights, Action and Growth with Digital Treasury Transformation

22 November 2022, Tuesday
11:00 AM to 1:00 PM (GMT +8),
voco Orchard Singapore, Meeting Room – Vista 1, Level 3

Media Partner:


Event Synopsis:

There have already been significant effects of the pandemic on treasury and business in general. The practicalities of a treasury team being able to successfully function remotely presented many issues, but they weren’t the only ones that emerged from remote working; it also compelled a reevaluation of treasury strategy and an investigation of how things need to be done in this modern environment.

Corporate treasurers have experienced a challenging year pertaining to fintech as they deal with new issues related to cashflow, liquidity, and currency volatility.

The function and responsibilities of Treasury go beyond only managing cash, yet without the proper tools and controls, it can be very difficult to fulfill the accurate and timely information needs of the CFO.

Join DigitalCFO Asia and Kyriba in this exclusive discussion on how CFOs and Treasury Finance Leaders can streamline treasury processes to support finance in economic challenges.  


Discussion Points:

· The top 3 Challenges of Fintech – Cash Visibility, Risks & Fraud Prevention and Payment Automation 

· Streamline company’s treasury operations and improve automation and mitigate operational and regulatory risk 

· Integrate and automate processes to reduce human errors, enhance checks, controls and balances and using data driven analytics to drive business growth

Who Should Attend:

CFOs, VP/SVP Finance, Finance Directors, VP of Treasury, Director of Treasury, Head of Treasury.

Register for your complimentary pass today!


View the DigitalCFO & Kyriba Executive Roundtable: Digital Treasury Transformation schedule & directory.

DigitalCFO Asia Executive Roundtable Series – Bringing AI To Enhance A/R Processes | 20 Oct 2022

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DigitalCFO Asia Executive Roundtable – Bringing AI To Enhance A/R Processes

20 October 2022, Thursday, 11:00AM to 1:00PM (GMT +8)
ParkRoyal Collection Pickering
Ballroom – Conference One, Level 2

Media Partner:


Event Synopsis:

Digital ERPs and AR automation are no longer “nice to haves” or competitive advantages. For corporate firms as well as multinational corporations, these technologies are practically required.

Getting paid on time is the biggest receivables concern. But consider the time and work required to send paper invoices or PDFs and subsequently get conventional checks in the mail. Even with a lockbox system, it may take over a week to receive payment, and that’s assuming the vendor pays on schedule.

The necessity for digital transformation is frequently understood by CFOs and AR managers. But one of the biggest issues with receivables is still deploying AR automation successfully.

Join DigitalCFO Asia and HighRadius in this exclusive discussion on how CFOs and Finance Leaders can create working capital impact with A/R.


Discussion Points:

– Managing accounts receivable for the modern world

– Break Silos in the A/R process with end-to-end order to cash automation 

– Digitally transform your Invoice to Cash process using AI/ML powered autonomous software

– Improve key financial KPIs and expand the scope of the finance function to improve customer experience


Who Should Attend:

CFOs, VP/SVP Finance, Finance Directors, Finance Managers, AR, Receivables, Cash Application, Collection, Credit, Disputes, Global Process Owner, Digital Transformation Lead, Digital Transformation Head.

Register for your complimentary pass today!



View the DigitalCFO & High Radius Executive Roundtable – Bringing AI to enhance A/R Proce schedule & directory.

DigitalCFO Asia Executive Roundtable Series – Strategic Financial Analytics: The Engine That Drives Finance Transformation | 13 Oct 2022

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DigitalCFO Asia Executive Roundtable – Strategic Financial Analytics – The Engine That Drives Finance Transformation

13 October 2022, Thursday, 10:00AM to 1:00PM (GMT +8)
Sofitel City Centre Singapore
Ballroom – Angsana Room, Level 5

Media Partner:


Event Synopsis:

The office of Finance is one of the business functions that stand to benefit from the ongoing digital revolution. Finance Teams are in a position where they can leverage and integrate analytics from all functions to provide more impact and visibility among the departments. 

Transforming analytics is evidenced to be one of the major drivers of finance transformation as it delivers wide-ranging and impactful benefits to the Finance Function and organisation as a whole. It bridges the gaps between the different business functions and creates a unified framework that allows them to view the current status and performance state of their organisation. 

Join DigitalCFO Asia and Board in this exclusive, collaborative roundtable discussion to discover more about the role of transforming analytics in the office of Finance.


Discussion Points:

– The role of Analytics in the Future of Finance

– Benefits of Transforming Analytics in the Finance Function and Other Business Functions

– Improving the collaboration between Finance and Other Business Functions

– Understanding Strategic Analytics and how it stimulates profitability


Who Should Attend:

CFOs, Financial controllers, Head of FP&A, FP&A Professionals, Senior Finance Managers/ Finance Managers, Finance Business Partners

Register for your complimentary pass today!



View the DigitalCFO & Board Executive Roundtable – Strategic Financial Analytics schedule & directory.

DigitalCFO Asia Executive Roundtable Series – XP&A Roadmap: Understanding Breakthroughs, Opportunities And Determining The End Goal

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DigitalCFO Newsroom | 18 August 2022

DigitalCFO Asia and Jedox partnered to host the first roundtable event in KL Malaysia.

  • Held on 18 August 2022, this executive roundtable had discussions on how finance departments can align their objectives across all branches, and why the move to xP&A is inevitable.
  • The executive roundtable saw notable attendees from Adidas Malaysia, Fave Asia Sdn Bhd, MST Golf Sdn Bhd, UEM Edgenta Berhad and many more.

DigitalCFO Asia and Jedox partnered to host the first roundtable event in KL Malaysia after 2 years. The roundtable was dedicated to unlocking the opportunities in XP&A through value-focused business partnering and to translate financial leaders’ expertise into insightful action steps towards the forward-looking mindset that’s set to revolutionize the entire financial planning and analysis industry..

The attendees included finance professionals (CFOs, Finance Directors, Finance Controllers) from various industries such as Retail, Logistics, Financial Services, Building and Construction, E-sports Gaming and more. The event witnessed noble attendees from companies such as Adidas Malaysia, Fave Asia Sdn Bhd, MST Golf Sdn Bhd, UEM Edgenta Berhad and many more.

The roundtable had discussions focused heavily on how finance departments can streamline their goals throughout all departments, and how the shift to xP&A is here to stay. The discussion also mentioned that the worry and transition stage is slowly fading, but the concern now is to remain consistent and remain relevant to the industry, allowing automations to help companies instead of deterring any processes.

“We only know about the results. But do we know the process that comes into it and why it leads to the results? Aside from the finance standpoint, finance professionals need to streamline the goal across all teams for xP&A to make sense.”

Qi Yang Chan, CFO of Signature Market Sdn Bhd

This is only the first of many overseas events that are yet to come and it was clear from today’s roundtable that everyone misses and enjoys physical events as they were delightfully participative during the discussions. DigitalCFO Asia is also expecting to host Malaysia Symposium 2022 : The Redefined CFO, on the 13th of September. 


DigitalCFO Asia – Malaysia Symposium 2022 : The Redefined CFO | 13 Sep 2022

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DigitalCFO Asia – Malaysia Symposium 2022
The Redefined CFO: What should Finance Transformation Look Like?

13 September 2022, Tuesday, 9:30AM to 4:30PM (GMT +8)
W Kuala Lumpur, Ballroom – Great Room 2, Level 9
121 Jalan Ampang 50450, KL Malaysia

Media Partner:


Event Synopsis:

2022 is a crucial year for CFOs and finance leaders. Now that they were being presented with alternative workflows, and groundbreaking technology and tools, exploring the value of these should and would be their next focus.

This is not new in the Malaysian market. Early this year, the Bank Negara Malaysia (BNM) launched the Financial Sector Blueprint (FSB) 2022-2026. This initiative proves their commitment to a sustainable finance transformation that could meet the nation’s collective aspiration- “Prosperous, Inclusive, and Sustainable Malaysia”.

Digitization and automation have already begun to influence the market, what’s next for a finance leader is to understand how they should integrate these developments to create an agile and flexible finance function of the future. How it can affect the concerns for the ongoing debate on workforce turnover,  ESG, and the like?

Join DigitalCFO and other forward-thinking finance leaders in another Redefined CFO Series where we exchange thoughts on what should a finance transformation look like after it is initiated.


Discussion Points:

– Examining the logical next steps for CFOs following with the start of finance transformation.

– Identifying what makes a modern finance function.

– Understanding how agility can drive finance transformation forward.

– Establishing a sustainable finance function.

– How to win the “war for talent”  in presence of emerging tools such as automation and artificial intelligence.

– Technologies and tools that could enhance a future-proof digital finance function

– Latest economic updates, business risks, and opportunities for CFOs that could drive change in the market.


Who Should Attend:

CFOs, MDs, VPs, Directors, GMs, and Senior Managers, that are involved in the following:

Financial Planning & Analysis (FP & A), Strategic Planning & Forecasting, Costing & Budgeting, Treasury Operations, Project Financing, Accounting, Merger & Acquisition (M&A), Investment / Portfolio Management, Auditing & Internal Control, Tax Governance, Governance, Risk & Compliance (GRC), Statutory & Regulatory Reporting, Fiscal Policy Planning, Financial Technology Solutions

Register for your complimentary pass today!



View the DigitalCFO Asia Malaysia Symposium 2022 schedule & directory.

DigitalCFO Asia Executive Roundtable Series FP&A: The New Engine of Finance Transformation | 24 Aug 2022

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Event Synopsis

CFOs and finance leaders are considered the principal steward of capital in an organization. As one of the decision-makers in an organization, they are supported by competent and progressive teams that allow them to monitor where the capital was, is, and goes next.

While the finance function continues to progress, looking into the future is where the focus now lies. Therefore, the FP&A unit continues to receive critical attention, as they are now considered the drivers of change not just in Finance, but in the entire organization.

Join DigitalCFO Asia and Jedox in a discussion on the evolving function of Finance in an organisation and how the FP&A unit plays a vital role in this transformation.


Discussion Points

  • Understanding the role of FP&A in the Finance unit of an organization.
  • How to build an ideal FP&A unit.
  • Factors that influence the FP&A and Finance team to achieve value imperatives.
  • Forecasts and analysis of FP&A trends.
  • How Gradiant empowered their finance team with flexible and efficient planning
  • The future of FP&A.

Who Should Attend

CFOs, Financial Controllers, Heads of FP&A, Heads of Finance, Finance Business Partners, SVPs/VPs Finance, Finance Directors, FP&A Directors and other senior finance leaders.

Register Today



Agenda

View the FP&A: The New Engine of Finance Transformation schedule & directory.

DigitalCFO Asia Executive Roundtable Series – Positive Sum Growth | 26 July 2022

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DigitalCFO Asia Executive Roundtable Series – Positive Sum Growth

26 July 2022, Tuesday, 10:00AM to 1:00PM (GMT +8)
ParkRoyal Collection Pickering
3 Upper Pickering St, Singapore 058289

Media Partner:

Event Synopsis:

In trying economic times, the top focus of most businesses is on the bottom line. Even before the pandemic started, the finance department was tasked to maintain a positive balance sheet for all business units – this was done at a cost of engaging experienced professionals inside or outside the organisation.

However, with the right use of digitisation and automation tools, establishing a sustainable and healthy ecosystem for an organisation is within reach. Now, you can build an agile ecosystem that supports business continuity and serves everyone involved in the process, where everyone wins.

Join DigitalCFO Asia, in partnership with Esker and Fujifilm Business Innovation Singapore, in an exclusive roundtable discussion on creating a workplace ecosystem that fosters accessibility and collaboration with internal and external workforces, building positive-sum growth.


Discussion Points:

What are the challenges today Pre & Post Pandemic?

What are the trends seen within your organisation and in the world today?

How to build positive-sum growth and improve collaboration between companies, their suppliers, customers, and the larger community?

How to achieve sustainability – from an environmental and operational perspective – in an organisation?

What are the strategies to introduce agility and resilience in the workplace?

Empowering the internal and external workforce to increase the value of creation and talent retention


Who Should Attend:

CFOs, Heads of Finance, Finance President/ Vice president, Financial controllers, Senior Finance Managers/Finance Managers, Accountants and other AP/AR professionals.


View the DigitalCFO Asia Executive Roundtable Series – Positive Sum Growth schedule & directory.


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DigitalCFO Webinar Series: Industry 5.0 – Automating Manufacturing Processes through COVID & Beyond

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Join Digital CFO Asia and Epicor in this webinar session where we will answer these questions and more, as we explore manufacturing going digital.

Tuesday, 28 June 2022, 2.30pm to 3.30pm (GMT+8)


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DigitalCFO Asia Singapore Symposium 2022 – The Redefined CFO: The Path to Becoming The CFO Of The Future

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DigitalCFO Newsroom | 27 May 2022

  • Held on 19 May 2022, this Symposium addresses how pivotal the roles of CFOs are in organizations during the ongoing revolution of finance transformation
  • The Symposium had more than 50 finance professionals in attendance and some from notable companies such as PSA International, Stamford American International School, Traveloka, Danone Asia, ECCO Asia Pacific and CBRE. 

DigitalCFO Asia hosted this exclusive event to discuss how CFOs are now expected to go beyond the finance function and steer the entire business operations into digitally-driven progress by making each department understand the role of technology, automation, and collaboration.

The panel included industry experts such as Haider Manasawala, Regional Finance Director, Chevron Singapore, Charlie Cheah, Director, Sales & Services, Esker Document Automation Asia Pte Ltd, Alvin Ip, CFO of Aspire, Richard Hyler, CFO of Nutrition Technologies, Lay See Tan, CFO of Shiok Meats, Xuehui Chiu, CFO, SAP ANZ, Himashi Soriano, APAC Managing Director, Association for Financial Professionals, Shian Goh, Finance Director, Teckwah Industrial Corporation Pte Ltd and Pankaj Kabra, Senior Vice President, Finance, Traveloka.

The symposium discussed the role of CFOs in the digital revolution in the finance function, the risks and opportunities in finance function automation as well as trends that are shaping the future of finance function. On top of that, the speakers touched on technologies and tools that make up the modern finance transformation processes. 

The symposium also addressed extending the role of finance by collaborating and aligning the business and operations team. Along with that, the difference between data-informed decision-making and data-driven decision-making process were also discussed. Last but not least, the symposium mentioned the things that can be done for companies to pivot from traditional to digital finance.

More than 50 finance professionals attended the symposium and it received notable attendees from PSA International, Stamford American International School, Traveloka, Danone Asia, ECCO Asia Pacific and CBRE.