First Edition of Morocco's CFO/DAF Summit Brings Financial Leaders Together
On June 23rd, Casablanca hosted the inaugural edition of the Morocco CFO/DAF Summit, an initiative launched by the Interbank Monetary Center (CMI) aimed at addressing the significant transformations currently reshaping the finance function. This event gathered over 150 leaders, administrative and financial directors, experts, and decision-makers, focusing on crucial topics such as electronic invoicing, digital payments, process automation, data utilization, and artificial intelligence.
Embracing Digital Transformation in Moroccan Finance
This initiative emerges amidst a profound digital transformation within the Moroccan economy, particularly in preparation for the widespread implementation of electronic invoicing. Recognized as a fundamental modernization effort for businesses in the coming years, this shift necessitates significant adaptations across organizational, technological, and operational dimensions. The summit aimed to support financial decision-makers in anticipating these changes while enabling them to identify new opportunities arising from the increasing digitalization of financial flows.
The event featured representatives from the General Directorate of Taxes (DGI), the Professional Group of Banks of Morocco (GPBM), and several key players in the financial, banking, and technology sectors. More than twenty speakers from public administrations, banks, financial departments, consulting firms, digital solution providers, and user enterprises shared their experiences and insights regarding the evolving landscape of finance.
Discussions centered around the tangible impacts of electronic invoicing on organizations, the emergence of new digital payment pathways, and the growing convergence between ERP systems, banking platforms, API interfaces, and financial management tools. Participants explored the potential of data and artificial intelligence in enhancing financial performance, automating low-value tasks, and optimizing decision-making processes.
During the summit, CMI General Director Rachid Saihi emphasized that the current transformation of the finance function extends beyond mere digital payments. He stated that it encompasses the entire financial cycle of businesses, from invoicing to collection, payment processing, accounting reconciliation, performance management, and strategic data utilization. “Our ambition is to contribute to the convergence of finance, payment, technology, and digital services to foster a more connected, automated, and integrated financial landscape,” he added.
The gathering also highlighted CMI's role in the evolution of the national digital ecosystem. The operator positions itself as a central player in payments and digital services in Morocco, having supported the modernization of financial exchanges among administrations, banks, payment institutions, businesses, and citizens for several years. By 2025, CMI-operated platforms are projected to handle over 500 million transactions, representing more than 323 billion dirhams in financial flows, reflecting the acceleration of digital usage in the Kingdom.
Participants learned about various developments driven by CMI through its different infrastructures, including Fatourati, the national multichannel payment platform that connects over thirty banks and payment institutions to a vast network of physical and digital channels, facilitating the payment of thousands of public and private services. CMI is also advancing its interconnection strategy through WaSL, a new national infrastructure designed to enhance access for administrations, businesses, and service providers to banking applications, electronic wallets, and partner networks already utilized daily by millions of Moroccans.
The day's discussions underscored a fundamental trend: the gradual convergence of electronic invoicing, digital payments, automated accounting reconciliations, the integration of information systems, and data utilization. This evolution paves the way for a finance function that is more connected, automated, and managed in real-time. The various panels allowed participants to engage with institutional, financial, and technological perspectives while showcasing concrete experiences across various economic sectors.
The summit concluded with the presentation of key takeaways from the CFO Morocco 2026 Barometer, developed from live votes cast by participants during the event. The results provided insights into the priorities, concerns, and maturity level of Moroccan companies regarding several strategic issues, including preparation for electronic invoicing, visibility over financial flows, process automation, information systems integration, data utilization, and the adoption of artificial intelligence.
Through this inaugural edition, the Interbank Monetary Center aims to establish a sustainable space for exchange, reflection, and experience sharing around the major transformations redefining the finance function. This ambition aligns with a broader dynamic to support the digital transformation of Moroccan enterprises and strengthen integration between regulation, information systems, payments, data, and new technological usages.
As reported by fr.le360.ma.
