Risks And Pformation Of Enterprise CFO

The emerging risk management approach will bring new value to understand the breadth of risks faced by enterprises, but it needs to ensure that the process is more open and pparent.

The risks and opportunities that enterprises face should be considered as interrelated portfolios, which require careful management, estimation and financial forecasts.

Future CFO and their financial functions will be more able to calibrate the risks faced by enterprises than anyone else, and suggest appropriate actions.

We are familiar with the causal relationship between bad corporate behavior and risk.

Future CFO will be seen as an internal guarantee for better corporate climate.

But that does not mean that the sole ownership and responsibility should be attributed to CFO.

Other members of the board must also do their best and set the tone from top to bottom, but in the end it is still CFO.

Assets, and we should realize that bad corporate behavior can lead to erosion of enterprise value.

For the future

To enter the capital market will also become a more important priority.

In today's more unstable economic environment and more uncertain investment environment, ensuring the proper balance of corporate capital will pose a more important challenge to financial leaders.

In the future, CFO will need to ensure that the appropriate policies related to capital investment, cash supply and shareholder returns will be implemented more effectively than ever before. Effective balance of risk and return will become crucial.

Reduce costs and improve efficiency

Better partners - this is the typical goal of financial pformation and the primary task of CFO in the future.

Today, financial services sharing and service outsourcing business are growing rapidly, which proves that CFO of enterprises is focusing on restructuring and pformation of corporate financial activities.

In many ways, we have achieved many easily accomplished results.

CFO uses remote operation mode to carry out labor arbitrage overseas to reduce costs, and also uses financial sharing services to improve efficiency, promote enterprise standardization, improve quality, paction flexibility and automation.

All in all, these measures were successful.

Future CFO will have higher expectations for these financial models.

Their demand for optimizing financial operations is more intense, resulting in two major challenges for future CFO.

First, we must make the whole financial mode efficient, and get better service and more suggestions from outsourcing service providers, so as to continuously improve the financial operation of enterprises. Second, for the retention of financial functions, we must make the mission within the enterprise group clear, clear tasks, and closely cooperate with external services to provide more effective analysis for enterprises.

The future CFO must ensure that for the enterprise, finance is the catalyst for business pformation, which can affect the long-term performance of the enterprise, rather than the short-term financial situation or the one-time cost reduction.