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Emerging Trends and Priorities for CFOs in 2023-2024: A Comprehensive Guide

Amzur

As we step into 2023-2024, it becomes crucial for CFOs to stay ahead of the curve by embracing emerging trends and understanding the shifting priorities that will shape the financial landscape. Conducting a comprehensive risk assessment is another vital step. Technology plays a pivotal role in effective compliance and risk management.

Finance 52
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Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority

The Hackett Group

4) returned to the top five priorities for 2024, highlighting procurement executives’ concern over increased expectations for their function. Procurement is once again anticipating an efficiency gap in 2024 as workload is expected to increase by 8% in 2024, while budgets are expected to rise by only 1.6%. spending increase.

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Argentina’s Dollarization Dilemma – Assessing Potential Implications | Blog

Everest Group

in January 2024), eroding the value of the peso and crippling economic activity. Financial implications During the transition to a dollarized economy, global companies may face challenges in hedging due to foreign exchange fluctuations, necessitating careful currency risk management and financial strategy adaptation to maintain profitability.

Banking 64
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How to become an AI+ enterprise

IBM Services

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness.

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The Capital One Merger with Discover Potentially Signals a Shift in the US Banking Landscape | Blog

Everest Group

Merged entities must swiftly adapt their operational models, delivery strategies, and sourcing decisions to excel in the evolving landscape. Operationally, underwriting, efficiency, risk management, and compliance enhancements will drive data and technology investments. We are closely watching the market and regulatory actions.

Banking 59
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The tsunami of sustainability disclosures facing American multinationals: Is your company prepared?

IBM Services

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. These requirements will likely mandate publicly traded companies to disclose their greenhouse gas (GHG) emissions footprint, climate-related goals, and progress, as well as climate-risk related financial impact and expenditures.

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The Battle Unfolds: MGAs as the Next Frontier for InsurTechs, Services, and Technology Providers

Everest Group

While MGAs have the expertise and models to evaluate risk, the industry is failing to capture the full spectrum of potential losses, and simultaneously capture and analyze newer data sources. To discuss this topic further, please reach out to Vanshika.notani@everestgrp.com and Vigitesh.tewary@everestgrp.com.