Digitalizing the Finance Function: The CFO Perspective

Digitalization is widely acknowledged to be the key driver of corporate transformation regardless of company size, location, or industry. In a world exploding with potential, the way you embrace emerging technologies and the digital transformations they generate will greatly impact your business.

Most companies seek to benefit from the opportunities of digitalization to improve the customer-facing aspects of their business. However, despite the opportunities digitalization offers in terms of new technologies and ways of working, most CFO functions continue to operate traditionally – falling short of what is required of a true business partner.

Clearly, the Covid-19 crisis has forced companies to digitalize much faster than planned. This program will address the connected challenges and demonstrate how to navigate through times of uncertainty.

This Executive Program focuses on the changes to the CFO´s operating landscape and the responsibilities and tasks of the future Finance function. Further, you will discuss the increasingly blurred borders between Finance departments and how CFOs will be able to fill the business partner role through emerging technologies and lean processes.

Digital transformation in finance function: The CFO perspective

This intensive four-day digital finance training, delivered jointly by WHU – Otto Beisheim School of Management and PricewaterhouseCoopers (PwC), consists of two modules.

In Module 1, you will take a closer look at digitalization and its application in the different CFO functions. You will be equipped with a systematic overview of the necessary tools to develop a digital roadmap for your company.

Module 2 focuses on mastering digitalization in finance, an in-depth look at implementation hurdles, and solutions for overcoming these, e.g., implementing a digital transformation strategy in finance and accounting departments.

This Digital Transformation for Finance course is highly practical with direct benefits for each participant: during the modules, participants gain insights through lectures, keynote speeches from CFOs and practitioners, best practice examples, and digital case studies. You will be provided with various insights on how to master the digitalization journey of the Finance function, including the application of business analytics, data science, and artificial intelligence. Participants will have the opportunity to discuss their own digitalization challenges and obtain reviews and coaching from program faculty and peers.