BENEFITS OF DOCUMENT
DESCRIPTION
For every business, it the most important to know how the technology and its potential value creation significance can impact business performance and organizational growth in the long-term. Finance being the most critical interconnected business function, requires an utmost and meticulous assessment about how technology disruption can uplift this traditional business function into a modern, digital, tech-savvy, data-driven, automated, cost-efficient function.
This document provides a comprehensive view on the "Future of Finance" through detailing the below mentioned critical elements:
[1] Challenges and Solutions in Finance
Uncovers the potential challenges in the Finance as a business function and provides a high-level solution view
[2] Technology Disruptions in Finance ? Looking through the Tech-Lens
Highlights a solutioning framework where a technology-enabled finance function is presented with disruptive technology implementation potentials/suggestions across different areas such as Fixed
Assets, Order-to cash, Procure-to pay, Record-to report, etc.
[3] Exponential Digital Technologies in Finance ? Strategies to Implement
Lists down the digital technologies that are going to play a big in improving the Finance Business Function's performance for people, process, profit
[4] Factors influencing Organizations' focus on "Future of Finance" ? The Bellwethers
Highlights the major factors that are responsible for emerging reconsideration of 'Future of Finance' thinking
[5] Snapshot of Future of Finance
Provides a dedicated list of well-debated predictions for 'Future of Finance' along with a 'Reimagining the Finance' strategy framework for Execution, Performance, Control, and Efficiency
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Source: Best Practices in Digital Transformation PowerPoint Slides: Future of Finance - Frameworks PowerPoint (PPTX) Presentation, Insights Locus
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