CFO Innovation’s survey, sponsored by IBM, finds that many key elements in the traditional area of transaction processing, compliance and reporting are well established in ASEAN companies, yet finance still has some way to go in providing business insight. Inside:
Most G20 governments have put in place some restrictive trade measures over the past six months, but have on the whole honoured their pledge to keep international investment open, according to the OECD, UNCTAD and WTO.
The survey finds that there is waning optimism on the economy, but confidence in company performance remains relatively healthy. Companies are also counting on rising sales and profits, with higher wages and more hiring expected on the horizon.
The CFO Innovation Asia Business Outlook Survey finds that the recovery in economic optimism that started in the fourth quarter of 2010 is gathering steam going into the first quarter of 2011, companies will accelerate hiring, and capital and other spending will remain relatively strong.
In an ideal world, a robust enterprise performance management system should be enabled by business application software, with fully integrated components that is accessible to everyone in the organisation and gathers and reports data in real time or near real time.
All China related merger and acquisition (M&A) deal activity, including domestic, inbound and outbound deals, have rebounded strongly in the first half of this year, and set the scene for expected robust deal activity for the remainder of 2010 and into 2011, reports PricewaterhouseCoopers.
The CFO Innovation Asia Business Outlook Survey finds waning optimism in most economies, but that companies are still anticipating higher sales and profits. This 16-page independent survey carried out by CFO Innovation Asia is a resource for CFOs and other senior finance executives looking to benchmark their performance in a rapidly changing financial environment.