As digital technologies become the standard in the modern business landscape, many businesses are transforming their business framework to facilitate the adoption of digital tools across core business functions like procurement, finance, and project management.
The finance function, in particular, has enjoyed a wave of digitalisation that has helped companies optimise finance processes to deliver more value.
Today, for instance, the role of finance in a business has transformed from a complementary function that provides accurate financial details to a strategic function that informs decision making by leveraging insights on the financial status of each company.
To fulfil the requirements of this new role, financial professionals are leveraging cutting-edge digital tools.
Digitalisation, in turn, is helping organisations leverage the power of automation and outsource non-value-added activities, reducing human resource requirements while freeing up time for finance professionals to engage in more value-added activities that drive business growth and development.
In this whitepaper, we explore this digital transformation of the finance function in detail, giving you insights into the future of finance.
In doing so, we answer questions like: