The Difference Between Up-Knowledge and Up-Skill

The pace of technology-enabled change is rapidly increasing across the Finance landscape. The focus on Finance transformation is everywhere, and for good reason. Implementing technical change often involves the adoption of new tools or technologies, as well as subject matter experts to help redesign and transform existing processes. Once large transformational initiatives are complete it is up to the workforce who support those processes to adopt, adapt, and continuously improve. As such, the finance workforce is critical to whether organizations can effectively embrace such change and accelerate the use of new and emerging technologies, however data shows that there is a significant talent gap between traditional finance and the finance function of the future.

Closing that gap is not easy, is not a one-size-fits-all, and is not something that will happen overnight. It is however, vitally important as we continue to evolve into a more digital world.

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