According to recent research, we’ve discovered that 76% of CFOs say they’re not fully in control of their organisations financial stability.
The CFO role is no longer just about balance sheets and budgets – it’s about leadership, adaptability, and strategic insight. Whether it’s new technologies, and increasing demands for data-driven decision making, to ever-changing government legislations – staying informed and open to change is more valuable now than it ever has been.
As the role of the CFO continues to evolve, two pressing questions emerge: How can you stay ahead of the curve in an increasingly overwhelming world of technological change? And how can you lead with confidence when navigating data that’s growing evermore complex?
We’re adding our perspective to this conversation - and hopefully offering some clarity as a result.
As Aqilla plays a key role in the wider digital finance landscape, it only made sense for us to speak with our own Chief Finance Officer, Mark Rodel-Duffy FCA, to get his take. For Mark, staying ahead of the curve isn’t just an interest – it’s a necessity. When you work at a finance software company, keeping up with change is part of the job description.
Off the bat, Mark says “I have to be very aware of breakthroughs in technology and analysis” and notes the importance of understanding “the implications of Artificial Intelligence and be careful of its use within the business.” It’s a helpful reminder that even experienced finance professionals don’t have all the answers - and that’s okay. What matters is the willingness to keep learning and evolving, because the future of the business depends on it.
Chances are, this next part will resonate with many of you. It’s a reality of the modern finance function: some areas will feel familiar and within your comfort zone, others will require continuous upskilling. Alongside his thoughts on AI, Mark adds “Due to the data available from Aqilla, I have to constantly work on my IT skills, and ensure that data is being used intelligently.”
From reporting requirements and ESG frameworks to tax changes and industry-specific rules, government legislation has a direct bearing on how finance leaders plan, operate and mitigate risk. Understanding the impact isn’t just about compliance - it’s about foresight. Taking this into consideration, Mark also highlights that “A constant awareness of government legislation is a given, as well as its impact on the business”.
Looking Ahead
You don’t have to do this alone. As Mark’s experience shows, no one has all the answers - but with the right tools, mindset, and support, you can stay ahead of the curve and help shape what comes next. Our mission here, at Aqilla, is just that - to provide you and your organisation with the innovative financial and accounting tools you need throughout your journey.
