What’s in the report?
According to our latest CFO research study, more than two-thirds (69%) of CFOs are increasing investments in digital transformation to keep their competitive edge in the marketplace.
Three key takeaways:
Investments focus on improving operational performance and reducing costs, as well as on customer experience, competitive differentiation and innovation for new products.
Process automation currently focuses on the day-to-day operational efficiency — AP/AR financial reporting and control, treasury and working capital management — but will shift to strategy, analysis and growth prediction in the future.
Adoption of new technologies is growing, with advanced analytics and optical character recognition (OCR) leading the way.