Finance Transformation

In a business-led transformation, finance is taking on the role as a business partner, and less of a transactional processing role.

With customer-centricity as a key focus of businesses, finance can no longer be a standalone domain. As other functions digitise, so must finance, in order to partner the business effectively with agility, responsiveness and relevancy.

 

The 4 forces challenging the future of finance

The global impact of emerging digitalisation trends is creating an urgent need for the role and capabilities of finance to change, so as to better support the business.

Emerging technologies

Increasing data volumes combined with siloed information systems generate an opportunity for improvement and cross-collaboration.

72%

of the ASEAN CEOs agree AI will have larger Impact on the world than the internet revolution

PwC 22nd Global CEO Survey - ASEAN Findings

82%

of the ASEAN CEOs concerned about availability of key skills

PwC 22nd Global CEO Survey - ASEAN Findings

Workforce skills gap

The finance workforce of the future is critical to your success. To achieve it, businesses must focus on improving digital literacy, investing in data analytics and science skills and promoting interdisciplinary teams to foster new approaches.

Investor/ cost pressures

Growing cost pressures, increasing global competition, and an intensifying regulatory environment mean that businesses are facing fiercer challenges than ever.

84%

Singapore CEOs expect global GDP growth to decline in the next 12 months

PwC’s 23rd Annual Global CEO Survey – Singapore Report


'Information gap'

- the existing gap between the information CEOs need and what they get - still remains a key concern

PwC 22nd Global CEO Survey - ASEAN Findings

Reporting and analytics

A sustainable and scalable analytics infrastructure to holistically monitor the performance of your business for improved decision making.

How can you transform your finance function into an intelligent, digital business partner?

People, Process, and Technology are the 3 enablers that allow finance to move towards digitalisation. Our modern finance transformation solution offers connected, digitally-powered offerings that are designed to help you tailor and accelerate your transformation based on your people, process and performance goals.


Lead with People

It is critical for Finance to attract, develop and retain the right skills and talents to cope with the demands of the future. Finance leaders should consider the shifting expectations of the workforce and workplaces to remain attractive.

72%

of CEOs were concerned about the availability of key skills. Of those, 32% were “extremely concerned

PwC Report - Upskilling: Building confidence in an uncertain world

Finance workforce of the future

Modern finance talent expects to have clarity of purpose, learning development, career path flexibility, a culture of diversity and empowerment, and a modern workplace.

Finance modern workplaces

A cloud-enabled workplace, fitted with new working methods and collaboration tools, enables a remote workforce that can operate smarter and faster, beyond physical and geographical boundaries.

Awards and recognition

PwC is honoured to receive the Anaplan Asia Partner of the Year 2021 award.

Contact us

Martijn Peeters

Martijn Peeters

President Director, PwC Indonesia

Tel: +62 21 509 92901

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