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The Value and Impact of Digital Transformation in Finance Teams

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Listen to article Digital transformation technology in the finance industry has become part of a successful business strategy and positively impacted business operations. The transition has led to the following opportunities: faster, cost-effective operations, improved employee and customer experience, meeting regulatory deadlines, and remaining competitive. As organizations transform, the role of finance is at the heart of a company's digital transformation to eliminate a lot of human intervention in processes. Most digital transformation is driven from a customer-facing perspective, and often, the role of the CFO is to enforce effective measures to ensure these revenue benefits are realized. How is Digital Transformation Impacting Financial Organizations? Just a few years ago, sitting in one room to have a meeting was standard. However, leveraging emerging technologies, such as AI and machine learning, has impacted us significantly while gi...