Volume 1: Redefining the Role of Finance in the 2026 Era is part of the "New Weapons for the Finance Department in 2026" handbook series compiled by Bizzi.
This ebook focuses on the "evolution" of the Finance department, from its traditional role as a data gatekeeper to a more prominent position. Strategic Partner and managers who build managerial capabilities. 2026 is identified as a crucial "turning point," forcing financial leaders to re-equip themselves with new "weapons" to guide their businesses through market volatility..
Three core pressures driving change
This shift is no longer an option but a necessity, driven by three main groups of pressures:
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Pressure from technology and data: The rise of next-generation AI agents and end-to-end automation is reshaping how finance operates.. The biggest challenge lies in data fragmentation, as the 65% enterprise is expected to operate on more than 10 different systems by 2026..
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Pressure from the legal and compliance framework: Vietnam is undergoing a strong transformation towards a digital tax model.. Tax authorities are increasing the application of technology for real-time invoice reconciliation and data-driven risk analysis, requiring businesses to digitize all documents and ensure transparency (audit trail)..
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Pressure from leadership expectations: The CEO and Board of Directors require the CFO to provide continuously updated data to support immediate decision-making and proactive risk management, rather than just traditional, cyclical aggregated reports..
Operational and risk management challenges
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Rapid macroeconomic fluctuations: Cost factors, exchange rates, and market demand change weekly or daily, forcing the finance department to continuously update its plans (continuous planning) instead of maintaining a fixed annual budget..
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Fraud and financial losses: Expense and invoice fraud remain the most common types of misconduct (falsified claims, duplicate invoices, exceeding spending limits, etc.).. Manual verification is no longer feasible; the system needs to automatically detect anomalies and reconcile invoices..
