'If you don't advance digitalization in finance and find new ways to do old things more effectively and efficiently, it's hard to attract talent,' Marsha Smith, Siemens USA's CFO, said. Presented by DellTech
For more than 160 years, Siemens USA has developed innovative technologies that support America's critical infrastructure and vital industries. These technologies include auto manufacturing, mining industry solutions, and smart hospitals. modernizing internal financial technologies
"If you don't advance digitalization in finance and find new ways to do old things more effectively and efficiently, it's hard to attract talent," she said. While automation is often perceived as a massive transformation over decades, Smith added that individuals at Siemens USA are implementing new tools and processes all the time."You need to make it exciting to come to your company and come up with new ways to do the same work," she said.
Smith offered three tips for how C-Suite leadership can help shape a modern, automated future in finance: "People need to be willing to change how they work in order to work smarter," Smith said. That means CFOs must focus on a different type of finance talent that works very closely with the IT department and already has knowledge of digital tools and processes.
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