ESG

Hai Robotics, provider of autonomous case-handling robots (ACR) systems, has announced that it has joined the United Nations Global Compact initiative—a voluntary corporate sustainability initiative.

Climate change and the war in the Ukraine are currently top of mind for the CFO, after we’ve just recovered from a global pandemic. Some companies have the urge to go back to basics, but during the recent CFO Executive Dialogue, it was evident that financials lose interest pretty quickly if the basics fill most of their day. Therefore, some companies take it upon themselves to automate repetitive, simpler tasks.

Recently IDC has published the whitepaper  Automation as a Force for Good – 6 Steps to Transform Theory into Practice. In this study authors Angela Salmeron and Neil Ward-Dutton discuss the role of automation in supporting companies with their ESG programs, given the trend that 47% of organizations are planning to introduce Robotic Process Automation (RPA) to the workplace in the next 18 months, 39%  intend to implement other process automation technologies (including workflow automation), and 63% are planning to add task-focused apps on mobile devices.

The role of the CFO is changing profoundly. Their responsibility used to be mainly around financial reporting, but now meaningful reporting on Environmental, Social and Corporate Governance (ESG) is expected from them as well. This means having the right data is key. And to achieve this automation is a crucial ingredient. Reason for The CFO Automation Experience to host a round table on the CFO, ESG and automation.