The Value and Impact of Digital Transformation in Finance Teams
Digital transformation technology in the finance industry has become part of a successful business strategy and made a positive impact in business operations. This 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 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 it was standard to sit in one room to have a meeting, but now leveraging emerging technologies, such as AI and machine learning, has impacted us significantly while giving finance leaders better insights into the business remotely. A...