It’s no secret that the Finance and Accounting field is being transformed by technology. In a study from EY (formerly Ernst & Young), 58 percent of Finance leaders are focused on combing leading-edge technologies with process improvement. Furthermore, where organizations once relied on their IT leaders to drive these changes, CFOs are now reporting their increased involvement in the decision-making and adoption of these new technologies. According to EY, there are a number of technologies that significantly impact hiring in the Finance function.
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While every demographic of Finance and Accounting talent provides valuable skills to companies in the industry, no two have a bigger impact than Baby Boomers and Millennials. In their own way, each is shaping the environment and altering hiring and retention rates drastically. In order to avoid any information loss or decrease in output between these generations, hiring managers must understand the changes each group is bringing to the Finance and Accounting field.
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