Included in their deviation from the European Union, the UK is set to make major modifications to their data privacy laws as well. How is the British government planning to implement the policies in the new UK GDPR after Brexit?
Halfway through 2021, the UK’s stature in the post-Brexit phase remains bleak as the persistence of political wrangling between matters of Northern Ireland, the EU single market, and the domestic economy crash continues.
Investing in the firm’s future is non-negotiable for CFOs. Thriving in this new world, we experienced substantial industry changes that gave us a sneak peek of what the future of finance looks like- and they’re here to stay.
Now that we have an initial understanding of what finance transformation is, we go to its application: how to start the process, what drives the initiative, the obstacles, and the best practices in finance transformation.
In this era of innovation, establishing a finance transformation roadmap reshapes a firm into a proactive organization with a more in-depth understanding of the finance function, and fully conforms it with the company’s long-term plans.