In this CFO Ed Talk, Dave Sackett, CFO at ULVAC Technologies, shares how Artificial Intelligence, Robotic Process Automation and Machine Learning are shaping life in the CFO Suite.
In Part II Prashanth described the role he expects the CFO to play in the monetization of data; how to recognize data that is valuable outside your company; and how critical Master Data Management is to your success using data analytics.
In Part III he offers tips for CFOs just getting started in data analytics and draws some clear lines between what data analytics is and what it isn’t.
In Part I Prashanth defined data analytics; explained why CFOs should embrace it; identified the highest return financial applications by industry and gave us a sense for the future of data analytics.
In Part II he describes the role he expects the CFO to play in the monetization of data; how to recognize data that is valuable outside your company; and how critical Master Data Management is a key to using data analytics effectively.
Welcome to CFO Talk. I am your host Steve Rosvold, Chief Learning Officer at CFO.University. Joining us today is Prashanth Southekal, Founder and Managing Director at DBP Institute a boutique enterprise data analytics firm based in Calgary, Canada. Prashanth has mechanical engineering and IT degrees from two national institutes in India, Master’s degrees from Cornell and Northwestern University in the United States and a PhD in philosophy from the University of commerce in Lille, France. When he is not working with DBP clients, he is an adjunct professor at IE Business School in Madrid, Spain and serves as an executive data analytics advisor to several companies. He has also written a two books. Today, Prashanth will be addressing data analytics for finance leaders with our members scholars. Welcome, Prashanth. It is great to have you on the show.
The overarching principle in Third Party Risk Management is to realize that third party management is a relationship with a defined life cycle. A robust, structured program devised and developed by the CFO to mitigate these risks can protect corporate reputation and shield executives, board members and other management from personal and professional liability.