What's next in tech? The future of finance is here

Technology continues to reshape our world and has been accelerated by the pandemic. As you rethink processes for the new environment, you may be asking how technology can help improve efficiency and effectiveness. This podcast is the first episode in the second season of our series for CFOs, controllers—anyone in finance—wondering: what’s next in finance? This season we’re focusing on the benefits of technology through the lens of the finance function. In this episode, host Heather Horn sits down with Pierre Sur, PwC’s US Tech Enabled Audit leader, to discuss the importance of technology in the future of business. Topics include:1:31 - Tech trends. We begin by discussing the factors that are affecting the speed of innovation, such as market factors, workforce transitions, and the need to provide a remote and seamless operation to connect clients, customers, and employees. 6:46 - Facing change. We discuss the importance of having a change management plan when embarking on a finance transformation that weighs the benefits and drawbacks and has flexibility to adapt to the intended user.  9:57 - The current and future of technology. Pierre lays out the set of core technologies that companies currently utilize for data analysis, automation and storytelling...and adds why AI is an overused acronym. 23:56 - Beyond a CPA. What does the finance professional of the future look like? Pierre shares the importance of developing digital skills and going beyond what he calls “domain expertise.”27:14 - What’s exciting about the future? Heather and Pierre close by talking about the opportunities to stay relevant and successful. Pierre Sur is a PwC partner. As a member of the US Assurance Leadership Team, he oversaw all of PwC's Assurance practice innovation and disruption activities. He also specializes in delivering superior service to communications and technology companies, enabling them to reach their financial and organizational goals. Heather Horn is PwC’s National office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series, as well as periodic webcasts for the power and utilities industry. With over 25 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected].