Vivek Ganesh, Regional Director, SAP Concur Shares his valuable insights through a presentation at the recently organized 4th Edition of BW Businessworld Best CFO Summit and Awards 2020
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The 4th edition of the BW CFO Awards 2020 started with the keynote address by Mr. S Ravi - Founder & Managing Partner, Ravi Rajan & Co.LLP / Chairman & Director, UTI Trustee Company Pvt. Ltd. & Former Chairman, BSE Limited
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While Mr. Lalit said “Managing liquidity became extremely important for us, whether it is working capital or longterm” Mr. Kothari stressed on “cash flow management has been primary during these times, but we being a fintech company we have been trying to provide working capital to small businesses in this time of need.”
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Sameer Madan expressed, "There are only two types of companies, earlier we used to call them big and small now I call fast and slow so it's an only fast company which can survive. Additionally, we also learned that digitization gives you a great sneak preview of the future.”
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“The second important and the more subtle changes happening gradually is the relationship between an employer and an employee, you know, in terms of the expectations of the employees from the organization.” Sameer Godbole added
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The digital ecosystem has enabled us to move away from numbers and looking at create insights for business so that we become a partner and an enabler.
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Gone are the days when CFOs were in more of a traditional accounting role—overseeing the Finance department, keeping an eye on the budget, and acting as a historian, reporting on what had already happened.
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The top-level CFOs from across the industries came together to talk and discuss the outcomes of ongoing accelerated digitization and the evolving role of CFOs in this disrupted era.
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