Finance and Digital Transformation

Have you ever wondered why the Finance area, compared to any company department, is much more complex and demanding to manage??

The role of Finance (CFO in particular) is certainly not one of the easiest: in fact, their goal is precisely to create strategies and planning that are based on organizational trends by anticipating future ones.?

Digital transformation in the Finance sector in general encounters greater difficulties in keeping up with corporate objectives: we often find ourselves facing problems relating to a problem with lower efficiency and at the same time generating higher operating costs.?

This gap derives from the fact that the adoption of new digital technologies can often lead to a temporary interruption of the workflow.?

The best solution to ensure proper integration is to create a hybrid approach where analog and digital processes coexist in relation to each other.?

One of the most important advantages that artificial intelligence can offer in terms of Finance, can be the use and provision of data to provide valuable forecasts on the company's future with the intention of monitoring performance in real time by automatically reporting problems to interested stakeholders.?

Furthermore, another important advantage concerns time: a management of business flows integrated with invoicing and accounting activities can save a lot of management time and significantly reduce possible errors.?

So what are you waiting for to improve??

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