Transforming Government Finance: Strategic Leaps for a Smarter Singapore

Unlock agility, efficiency, and real-time insights to drive finance transformation

In an increasingly complex and fast-paced digital economy, the Singapore government faces rising expectations to modernise financial operations, improve transparency, and deliver efficient, citizen-centric services. Finance leaders across ministries and statutory boards must navigate a landscape shaped by economic uncertainty, technological advancements, and growing data demands. Financial transformation has become not just a goal, but a necessity.

Accenture’s latest insights reveal a mindset shift among public sector finance leaders, with 80% of surveyed CFOs stating that this is the most exciting time to be in public finance. This optimism reflects a growing understanding that finance must evolve from a transactional role into a strategic enabler of innovation, resilience, and improved policy outcomes, while keeping operations agile, accountable, and efficient.

From Processes to Purposeful Outcomes

Despite strong ambition, many agencies still face obstacles in achieving the outcomes they seek, such as greater agility, sharper insights, faster decision-making, and more impactful public service delivery. Outdated practices and fragmented processes hinder responsiveness, reduce clarity, and create inefficiencies.

By shifting toward an outcome-driven approach, finance teams can better align operations with national priorities, optimise resource use, and contribute more directly to the delivery of transparent, citizen-focused services.

Adapting to a More Agile and Transparent Finance Model

In today’s environment of disruption and rapid change, traditional long-term budgeting models are no longer sufficient. Finance teams are increasingly adopting agile planning strategies such as rolling forecasts and scenario modelling to stay responsive to shifting priorities and national goals.

These evolving approaches empower leaders to act with greater confidence and speed, strengthening public trust through more transparent, data-informed, and accountable governance.

Key Considerations for Finance Leaders

As the role of finance expands within the public sector, several priorities are emerging as essential for success:

1. Measuring Impact – Developing clearer ways to assess the value of digital investments across the organisation
2. Enabling Efficiency – Leveraging automation to streamline operations and free up capacity for higher-value work
3. Driving Insights – Positioning finance as a key source of data for informed policy and investment decisions
4. Creating Public Value – Aligning financial strategies with societal impact to attract mission-driven talent
5. Innovating Funding Models – Exploring more agile and sustainable ways to support long-term transformation

Making Sense of Innovation and AI in Public Sector Finance

AI is everywhere, and finance leaders in the public sector are asking the same question: how do we make sense of this technology in a highly governed, regulated environment? The answer lies in viewing AI not as a buzzword but as a way to enable smarter operations, faster insights, and continuous innovation, while ensuring data security, accountability, and compliance remain at the core.

By embracing responsible innovation, finance teams can boost productivity, reduce delays, and support more strategic policy planning, turning finance into a true engine of transformation.

The session will allow delegates to:

• MODERNISE financial operations by replacing outdated systems with secure, scalable SaaS solutions
• SIMPLIFY budgeting and forecasting with agile tools that support real-time scenario modelling and planning
• STRENGTHEN governance and compliance through standardised processes and improved data visibility
• ACCELERATE implementation timelines and reduce disruption using automated cloud migration tools
• EMPOWER finance teams to move from transactional processing to strategic, data-driven leadership

Who should attend:

• Chief Financial Officers
• Directors and Heads of Finance Transformation
• Directors and Heads of Financial Planning
• Directors of Financial Planning and Analysis
• Directors and Heads of Procurement
• Directors and Heads of Budgeting
• Directors and Head of Financial Controller
• Directors and Heads of Treasury
• Heads of Data (Secondary)
• Heads of IT (Secondary)