Mar 3, 2018, 5:10 PM
(from Accounting Today) CFOs no longer view Microsoft Excel as the most important skill for their financial planning and accounting staff. Instead, adaptability to new technology is the most desirable trait in new hires. Two years ago, 78 percent of CFOs rated Excel proficiency as the most important skill within their finance team, and that percentage has dropped starkly to 5 percent this year, according to surveys conducted by Adaptive Insights. In new hires, Excel skills still rank low, with only 7 percent of CFOs viewing them as desirable. The sharp drop-off suggests how quickly technology options for automation are growing. While Excel is a heavily automated program, new technologies that leverage both automation and machine learning or artificial intelligence (AI) are coming to the forefront quickly.
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