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The pace of evolution for many corporate finance and accounting functions is accelerating. The mandate of the CFO is expanding and the challenges they face accumulating. This blog is an exploration of these topics.
As the owner, you will also give up ownership if you leave this group.
Lydia Coyle Management Consultant at Woodhurst
How long does it take Building Societies to update products on the back of rate changes? Rapidly responding to market rate changes is critical for staying competitive, maintaining commercial stability and demonstrating that you are doing the right thing for your members. Speed matters: Being swift in updating your product offerings to reflect rate...
21 November 2023 /people /inclusion
Are Building Society colleagues doing high-value tasks that drive success of the organisation? "I want employees to have more time to provide good outcomes to the customer rather than doing lots of manual work. I want the customer experience and the employee experience to be as frictionless as possible." - Phillippa Cardno, CEO of Newbury...
15 November 2023 /people /inclusion
Building Societies often boast great NPS scores, but how do they ensure they are really offering an exceptional customer experience? Customers and brokers expect more than just friendly service. To ensure a great customer experience, technology, innovation, and customer-centricity must be embraced. Choice: Give customers choice in channels, product...
06 November 2023 /people /inclusion
How can we better explain the benefits of Building Societies and make membership meaningful for customers? Unlocking the value of membership across your Society is something that should remain front of mind throughout a transformation. Membership in Building Societies is a unique concept that can offer various benefits to individuals, but these ben...
03 November 2023 /inclusion /predictions
Shagun Malhotra CEO and Founder at SkyStem
Embrace these strategies to pave the way to financial development success in your business. Process improvement in finance is typically about identifying inefficiencies, bottlenecks, or areas where businesses can make financial operations more efficient and accurate, such as budgeting, accounting, financial reporting, and payroll processing. By op...
19 October 2023
Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC
In the race to embrace digital transformation, both the European Union and Saudi Arabia have embarked on distinct journeys. The EU, represented by its Digital Finance Package, seeks to revolutionize its financial landscape, while Saudi Arabia's Vision 2030 propels it towards a diversified economy. This article examines the progress made by both re...
12 June 2023 /regulation /markets
Philip Chethalan Marketing Manager at Subex
Introduction to Fintech as a Service (FaaS) Fintech as a Service (FaaS) is a business model that enables companies to outsource financial technology (fintech) services to a third-party provider. This model provides companies with a more flexible and cost-effective way to access fintech services and improve their financial operations. Let's explore...
01 February 2023 /security /wealth
Raju Patel EVP, MANAGING DIRECTOR at Bounteous
In the wake of the COVID-19 pandemic, consumer expectations have risen across verticals, and financial services is no exception. Customers now expect their sensitive financial information to be instantly available from any device. Plus, traditional financial services companies are facing steep competition as disruption from fintech and Big Tech pr...
09 December 2022 /people /predictions
Retired Member
This summer, the FCA issued a letter to the Chair of the Treasury Select Committee, answering questions on new sanctions that have been created following the invasion of the Ukraine by Russia. In the letter the FCA said that it will be automating its review process. In the past, it conducted on-site meetings, using face to face interviews and docum...
02 November 2022 /regulation /crime
Jussi Karjalainen CEO at Valtatech
How to build a bottom-up, value driven business case for automating your source to pay processes that gets approved. Part 4. My last article covered the import steps of identifying the right technology and designing a realistic transformation roadmap. This article will look at the process of building your business case from a non financial point o...
29 September 2022 /payments /cloud
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