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PwC reports that 7 out of 10 CFOs are investing in digital transformation, which includes big data and cloud technology.
But Why?
According to 81% of CFOs, their major duty is to increase value across all company units. This is where Digital Transformation is required to increase the efficiency of the employees.
A McKinsey study found that 19% of financial department activities could be significantly automated, and 42% of them could be totally automated. The goal is to give employees more time to work on activities that need higher levels of intelligence.
How Does Digital Finance Transformation Benchmarking Help?
You can determine opportunities for development by using this benchmarking survey to discover the level of financial operations maturity in your sector. You may check out what other businesses have done. Ultimately, you will understand what drives successful automation initiatives and the automation pitfalls to avoid in order to realize the full opportunity afforded by automation.
Next Step:
Participate in this 15-minute, 26-question survey and receive a consolidated benchmarking report with expert analysis. We will share the results and learn from each other.