Cutting-Edge Software Solutions for CFOs
By implementing successful digitisation, overcome the obstacles to sustainable business development.
What's Top of Mind for a CFO
Finance-focused CFOs will accomplish fast wins with limited pilot programmes and scale-out investments in emerging technology can be applied through the corporation.
Grant Thornton CFO Survey report
Many firms already operate their financial operations in an antiquated manner, making them exposed to increasingly agile rivalry. However, 66% of CFOs are implementing digitisation techniques – driven by cloud, automation, and sophisticated analytics – to cut costs, boost controls, and unlock valuable insights. COGNITIONTEAM's creative financial management software tools allow you to do just that.
How CFOs Can Innovate With COGNITIONTEAM
The Challenge
CFOs can make use of Big Data and automation tools to alleviate daily administrative burdens and reallocate revenue. COGNITIONTEAM business software tools assist you in identifying opportunities within your finance activities, refining your technological strategy, and identifying the infrastructure necessary to achieve progress.
CFOs will accelerate their investments in technology that will change the finance function and help direct their organisations' strategic decision-making. This method lays the groundwork for automation to achieve cost efficiency, production efficiencies, and the resilience necessary for genuine innovation.
According to 2019 CFO Survey Report
How COGNITIONTEAM Can Help
Assisting you in automating repetitive, standardised, or rational functions. Automating transaction handling and coordination between different devices, resulting in less failures and decreased exhaustion.
Transforming critical outdated technologies and procedures to improve efficiency – without requiring an expensive complete replacement.
Enabling encrypted data storage and data transfers that are seamless and secure.
The Challenge
With COGNITIONTEAM as your committed software development partner, you will implement creative financial systems that include agile budgeting, more informed decision-making, and a comprehensive performance management framework. Assisting you with the transition to a more agile system.
88% of executives believe that their finance leadership is capable of successfully sponsoring digital strategies that align the organization's development strategy.
According to TATA
How COGNITIONTEAM Can Help
By using advanced analytics and machine learning, we allow data-driven decision making.
Defining your vision by assessing the investment threats associated with new technologies such as blockchain, artificial intelligence, automation, and robotic process automation, as well as their future deployment within your market.
The Challenge
CFOs are charged with digitising their businesses in order to increase margins and cash flow. 55% of them say it is difficult to execute profitable development in accordance with their plans or policies. COGNITIONTEAM for CFOs will assist you in balancing costs and competitiveness in order to promote sustainable performance.
CFOs of high-performing companies are committing to the highest levels of investment in digital transformation.
According to TATA
How COGNITIONTEAM Can Help
Rising productivity and sustainability through using real-world data insights. Maximizing the potential of technology such as machine learning, artificial intelligence (AI), computer vision (CV), natural language processing (NLP), and others.
Using a full stack of finance features as a service – distributed via public, proprietary, or hybrid clouds – eliminates the need for major upfront investments.
The Challenge
CFOs are the all-seeing vision of market danger, charged with offering real-time foresight on critical risks in order to optimise decision-making. With COGNITIONTEAM as your CFO software partner, you can leverage internal financial data and external sources to quickly and accurately fix important risks.
The CFO is critical to an organization's cyber defence policy because they provide the most comprehensive understanding of the organization's threat environment and can direct resources to places that need the most security.
According to Deloitte
How COGNITIONTEAM Can Help
Developing predictive models that allow you to measure performance and forecast market demand changes.
Assisting you in meeting your duties as chief custodian of data security within your organisation, so that you can deter threats, mitigate expenses, and minimise damages.
The Challenge
Through modernising the organization's financial data system and introducing reliable, time-sensitive reporting, you will make more informed decisions. Our cutting-edge tech tools for CFOs assist in the organisation of data and reporting, enabling you to have the vital information the company requires to strategize in real time.
40% of finance operations (such as cash disbursement, tax processing, and general accounting) can be automated completely, while another 17% can be automated partially.
According to McKinsey
How COGNITIONTEAM Can Help
Providing data visualisation (i.e., user-friendly organisational visuals and interactive dashboards) and predictive analytics to assist in determining corporate priorities.
Through integrating technologies and processes, we can make data collection, management, and reporting easy.
Cloud-based applications are reimagining CFO preparation and budgeting platforms.
The Challenge
A shortage of specialised technological expertise is one of the primary impediments to CFOs adopting digital transformation. A competency disparity among an organization's internal resources and a scarcity of new recruits with the necessary expertise are seen as the primary impediments to technical advancement. Over 40% of CFOs identify automation as a critical method for addressing the skills gap – and COGNITIONTEAM's adaptable, specialist team offers another solution.
43% of CFOs report having difficulty locating people with the necessary professional skills.
According to Deloitte
How COGNITIONTEAM Can Help
An COGNITIONTEAM-managed specialist distribution unit that can be deployed flexibly to address resource constraints.
Experts in a variety of technical backgrounds that can work together alongside the internal team to expedite the project.