We hope you enjoyed Day 1 of the Gartner CFO & Finance Executive Conference. Highlights from the day include: ✅ Finance tech landscape ✅ Integrated business planning ✅ ESG programming ✅ Bitcoin & CFO s Learn more: GartnerFinance CFO Finance
, taking place this week in National Harbor, Md. Below is a collection of key announcements and insights coming out of the conference.Presented by Matthew Mowrey, Sr Director Analyst, GartnerCloud should be the foundation of finance technology investment, according to Matthew Mowrey, Senior Director analyst at Gartner.
Core finance technologies are rapidly moving to cloud applications to reduce cost, streamline process, and take advantage of integration opportunities.“Look beyond quick efficiency wins and align investments with a coherent and sustainable digitalization plan, guided by long-term finance objectives rather than immediate needs.”
South Korean truckers vote to end strike for minimum wage protections
South Korean truckers voted to end their strike on Friday as it entered a third week with public support waning and the government refusing to budge, saying the action had caused 'astronomical' damage to the economy. Read more >>
Gartner Supply Chain Symposium/Xpo, Americas: Day 1 HighlightsWe hope you enjoyed Day 1 of the Gartner Supply Chain Symposium/Xpo Americas. Highlights include: ✅ Opening keynote ✅ Smart manufacturing ✅ Logistics sustainability roadmap ✅ Threats & opportunities of e-commerce marketplaces Learn more: GartnerSC $hbar
Gartner Supply Chain Top 25 for 2022 - Global ReportSupply Chain leaders: How does your supply chain performance compare against today's highest ranked companies? Explore the 2022 Gartner_SC Supply Chain Top 25 report to see how you stack up: GartnerSC SupplyChainManagement
Day 1 of Pokemon Go Fest 2022 was bad. Here’s the reason behind thatThe first day of Pokemon Go Fest 2022 stumbled in its execution and its lack of shiny Pokemon. It was pretty bad. Played for 5 hours and only got 4 shinies. Plus, I feel like the rewards were worse this year. And I wanted to use the free orange passes, but almost all the raids around me were 5 star and no one was around. The rare one stars that popped were all pikachu This event had been AWFUL!!!!!!! $15 and I've only gotten 4 shinys. I played for the entire time 8 hours both days and I only got 3 shinies in total 2 were the same only one of them I wanted But I did have a shiny Hitmonchan freeze crash and then disappearing before I could restart it along with numerous other technical glitches
Tropical Storm Alex finally forms in the AtlanticThe disturbance that brought heavy rain and flooding concerns across South Florida and the Bahamas on Saturday has finally become Tropical Storm Alex, the first named storm of the Atlantic hurricane season.
Tropical Storm Alex forms after dropping more than a foot of rain over FloridaTropical Storm Alex is the first named cyclone of the 2022 Atlantic basin hurricane season.
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National Harbor, MD, June 6, 2022 Gartner CFO & Finance Executive Conference Day 1 Highlights We are bringing you news and highlights from the Gartner CFO & Finance Executive Conference 2022 , taking place this week in National Harbor, Md.Supply Chain Cyber Risk Energy Instability “A successful customer offset strategy will create opportunities to develop different sourcing priorities and policies, building new relationships and networks to deliver value.Gartner Supply Chain Top 25 for 2022 The standard in supply chain excellence Global supply chains are on the precipice of revolutionary transformation as demands from customers, employees and boards grow.that shrunk down to 13.
Below is a collection of key announcements and insights coming out of the conference. On Day 1 of the conference we are highlighting trends in the finance technology landscape; integrated business planning, how to advance an ESG program and what bitcoin means for CFOs. It is embracing and adapting to the new technology, and envisioning new ways of doing business. Key Announcements Key Trends in the Finance Technology Landscape Presented by Matthew Mowrey, Sr Director Analyst, Gartner Sixty-nine percent of board members say they want to accelerate digital business. Complete the form to see who ranked highest for supply chain excellence in the Gartner Supply Chain Top 25 for 2022. The vast majority of CFOs therefore want to better understand which technologies and innovations could benefit finance today and build a technology roadmap. But you can control the business decisions that dictate investments resulting in protection against cyberattacks if you see the attack coming, or how long you are down after an attack. In this session, Matthew Mowray , Sr. These seemingly random Pokemon were needed to wake up Jirachi from its slumber.
Director Analyst at Gartner, explained some key trends in the finance technology landscape. Corporate influences, misaligned objectives and funding models create schisms and put success at risk.” Colgate-Palmolive Colgate-Palmolive The consumer products leader reimagined its supply chain strategy with a focus on digital and sustainability while delivering agility, efficiency and resilience. Cloud should be the foundation of finance technology investment, according to Matthew Mowrey, Senior Director analyst at Gartner. Matthew Mowrey, Senior Director analyst at Gartner looks at the key trends in the finance technology landscape. Simon Jacobson, VP Analyst at Gartner, discusses the importance of changing funding models and worker experience in smart manufacturing. Matthew Mowrey, Senior Director analyst at Gartner says investment in analytics and AI is higher than other categories. Key Takeaways Core finance technologies are rapidly moving to cloud applications to reduce cost, streamline process, and take advantage of integration opportunities. Simon Jacobson, VP Analyst at Gartner, discusses the importance of changing funding models and worker experience in smart manufacturing. For Pokemon Go Fest 2022, logic was thrown out the window when it came to the habitats.
“Cloud is the foundation for scalable finance technology—make sure it’s in everything you do.” “Not every technology is relevant to your business context, understand and zero in on your most promising use cases. This is exposing misaligned objectives driven top down by the business, and the day-to-day operation and capabilities from sites.” “Select technologies based on their proven ability to optimize and enhance key finance activities rather than based on hype.” “Look beyond quick efficiency wins and align investments with a coherent and sustainable digitalization plan, guided by long-term finance objectives rather than immediate needs.” “The art of the possible has to be affordable.” Integrated Business Planning: How to Develop Scenarios That Drive Proactive Contingency Responses Presented by Regina Crowder, Senior Director Analyst, Gartner An increase in business disruption is driving an increased need for integrated business planning. At least Meditite technically worked with the biome because according to its lore the creature lives in high and cold places with Medicham.
In this session, Regina Crowder , Senior Director Analyst at Gartner, outlined the three common barriers to increasing integrated business scenario planning, and how financial planning & analytics (FP&A) teams can shift from a posture of reacting to proactive responding.” “New tactics focused on creating incentives and funding models that limit risk are motivating site leaders to adopt and scale smart manufacturing. Regina Crowder, Senior Director Analyst, discusses how integrated business planning can help FP&A teams make better, faster decisions. Failing to plan for future scenarios can result in failures that destroy 68% of corporate value, on average.” It’s More Than Just Transportation: How to Create a Logistics Sustainability Roadmap Presented by Susan Boylan, Senior Director Analyst, Gartner Sustainability has become a top priority for all organizations, and transportation is often the immediate focus for greenhouse gas emission reduction initiatives. Integrated business planning means planning for specific actions for both upside and downside scenarios. Key Takeaways Integrated business planning helps FP&A leaders drive value for the business by moving away from divisional silos to maintaining a continuously updated operational and financial plan. Gartner research shows that sustainability is a top priority for logistics leaders.
This allows organizations to make faster, better-informed decisions. “Achieving a cross-functional alignment behind one number does not reflect the complexity in current business situations or meet the rapidly changing demand in today’s volatile markets. Susan Boylan, Senior Director Analyst at Gartner, shares the core steps for building a logistics sustainability roadmap.”Companies struggle to formalize and manage their approach to scenario planning and lack the necessary structure to ultimately drive action and decision making. Organizations that fail to plan for future scenarios can get blindsided by emerging threats and opportunities, leading to stall points that can destroy 68% of corporate value on average.” “Climate action is critical and must accelerate, but supply chain leaders also need to recognize sustainable logistics is about more than climate change. FP&A leaders should embed scenario planning capability in the integrated business planning (IBP) process by identifying both alternative scenarios and risks, as well as opportunities based on key external and internal drivers.
How to Advance an ESG Program Presented by Kristin Moyer, Distinguished VP Analyst, Gartner Sustainability and environmental, social and governance (ESG) are among the top 10 priorities for CEOs for 2022-23 and have continued to rise in the list of board priorities.” “Sustainable initiatives will take considerable investment. In this session, Kristin Moyer , Distinguished VP Analyst at Gartner, identified the steps to advance an ESG program and the unique role CFOs have to play. CFOs should embrace a new value equation for ESG that includes stakeholder issues and value, Kristin Moyer, Distinguished VP Analyst, said at the Gartner CFO & Finance Executive Conference 2022.” “Whether you are outsourced or in-housed, it should still be a strategic priority for your logistics function to deploy a successful sustainability roadmap. Kristin Moyer, Distinguished VP Analyst, said at the Gartner CFO & Finance Executive Conference 2022 that linking material issues to measurable goals is key to ESG program advancement. Kristin Moyer, Distinguished VP Analyst at Gartner, said it’s key to link the indirect value of ESG to the balance sheet.” “Do not procrastinate when it comes to sustainability.
Key Takeaways Finance leaders should embrace the business benefits of ESG: $20 trillion of assets under management (AUM) sit in ESG-aligned funds. “ESG execution can reduce operating costs up to 60% and reduce the cost of capital.” Marketplaces: The Threats and Opportunities They Present to Online Trade Presented by Tom Enright, VP Analyst, Gartner Marketplaces account for the majority of B2B and B2C e-commerce transactions.” “ESG presents investment challenges because it often involves large investments with long time horizons for return on investment and difficulty in quantifying such returns by conventional metrics.” “Finance leaders should adapt resource allocation by operationalizing ESG. In this session, Tom Enright , VP Analyst at Gartner, discussed the best strategies for this new online world order. Link material issues to measurable goals and map goals to processes, decision makers, accountability and behavior change.
” “CFOs should seek to increase market valuation by embracing a new value equation for ESG that includes stakeholder issues and value. Gartner says retailers face a fundamental business change from classic commerce to enterprise marketplace.” As Bitcoin Goes Mainstream, What Does it Mean to CFOs? Presented by Avivah Litan, Distinguished VP Analyst, Gartner CFOs must prepare for a world where digital currencies are widely accepted and used. Gartner research outlines the different functions digital currencies have in an organization, as well as the risks they pose. Key Takeaways “Marketplaces account for 67% of global e-commerce sales, leaving just 33% of transactions taking place on companies’ own dedicated websites. In this session, Avivah Litan , Distinguished VP Analyst at Gartner, provided the latest updates in the digital currency space and a framework for CFOs to engage with practical business use cases. Distinguished VP Analyst Avivah Litan says CFOs should continue to educate themselves on the opportunities and risks of digital currencies.” “With 2 out of every 3 dollars of spend taking place on marketplaces, are individual companies fighting a losing battle in attempting to capture customers?” “While many platforms may appear to be primarily B2C, these platforms also provide businesses with a means to reach more customers and market their services in new ways.
By 2024, at least 20% of large enterprises will use digital currencies. Cryptocurrency adoption is being fueled by 16 innovative use cases.” Gartner predicts that by 2023: At least 70% of the enterprise marketplaces launched will serve B2B transactions. Key Takeaways “By 2024, at least 20% of large enterprises will use digital currencies for payment, stored value or investment, disrupting current financial networks and business models.” There are three types of digital currencies: Cryptocurrency, Stablecoin, and Central Bank Digital Currency. Organizations that have operated enterprise marketplaces for more than one year will see at least 10% increase in net digital revenue. Cryptocurrency: Decentralized control, lives on public transparent blockchain; Bitcoin and Ethereum are in this category.
Stablecoin: Blockchain-issued cryptocurrencies designed for stability; pegged to a specific value. About Gartner Gartner, Inc. Most popular stablecoins are pegged to $USD, but also to other fiat currencies or assets, such as precious metals. Central Bank Digital Currency: Fiat currencies issued by Central Banks in digital form; in place of, or as, complement to physical currency. Our expert guidance and tools enable faster, smarter decisions and stronger performance on an organization’s mission critical priorities. Central bank governments maintain reserves and deposits to back it. Cryptocurrencies will underpin Web3 and Metaverse economies based on business models enabled by peer-to-peer decentralized protocols.
CFOs should continue to educate themselves on the opportunities and risks of digital currencies in order to be able to articulate reasoned opinions to the CEO and Board. That is a wrap for day one! Please be sure to come back for highlights from day two tomorrow. It’s not too late to join the conference! Register Now About Gartner Gartner, Inc. (NYSE: IT) delivers actionable, objective insight to executives and their teams. Our expert guidance and tools enable faster, smarter decisions and stronger performance on an organization’s mission critical priorities.
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