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 Slide Deck, Insights Locus
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