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                  Digital Finance

                  Quote.svg

                  By 2027, almost all providers of Office of Finance software will offer a data pantry to facilitate the integration of operational and external data with financials to improve the speed and accuracy of forecasts and plans.
                  Robert Kugel

                  Robert Kugel

                  Executive Director
                  Business Research

                  Using technology to achieve agility, speed and continuity

                  2020 was a watershed for finance and accounting organizations because it forced the traditionally technology laggard group to embrace technology to achieve continuity in operations.

                  Definition

                  Digital finance organizations utilize technologies, including advanced ones such as artificial intelligence and machine learning, robotic process automation and blockchain distributed ledgers to shift the balance of the department’s work from transactions processing and reporting to forward-looking operational and financial analysis.

                  Research Fact

                  50 percent of the companies with a Finance IT group report that they perform financial analysis very well compared to 29 percent that lack one.

                  Best Practice

                  Finance organizations must apply digital technology to reduce time spent on repetitive tasks to accelerate processes, improve data quality and shift focus to forward-looking analytical work.

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                  Education in a range of business, technology and vertical industry topics through our publishing of digital content in mediums and styles for impactful insights across an entire organization.

                  Our Latest Research Let's Get Started

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