Click on the links below and go directly to each of the contents that delve into the main trends.
93% of leaders agree that digitalization and on-demand data are part of the overall vision for the 2025 scenario, and 74% agree that this contributes to greater operational efficiency, strategic focus for finance and more solid and consistent decision-making.
Source: Finance 2025 Progress Report: Opportunities to Accelerate Your Finance Strategy Objectives
Digital transformation represents another opportunity to increase functional efficiency, according to almost two thirds of our finance and IT executives (63%).
Source: Oxford Economics: Becoming more efficient How finance and IT are leading the way
According to EY's Future of Finance study, the volume of data is growing by 63% a month, and 66% of professionals believe that the inability to deal with this growth could jeopardize the future of the job.
Source: The future of the finance function Survey
57% of the finance and IT executives who took part in the Oxford Economics study say that they have already implemented process standardization and agree that this change increases the overall efficiency of their function and 34% said that they have not yet implemented it, but believe in the efficiency.
Source: Oxford Economics: Becoming more efficient How finance and IT are leading the way
Automation is a challenge for most companies, which still spend around 800 hours a year reworking spreadsheets and manual tasks. In order to overcome this productivity barrier, the sector is increasingly turning to automation solutions.
