As the digital age evolves, finance technology is evolving to support the essential characteristics of a digital business: agility, nimbleness and real-time response.
We’re in the third stage of finance transformation. The first era brought Enterprise Resource Planning implementations to automate transactions and accounting.
In the second era, database-driven information management and e-commerce led to deeper data insights, changing the CFO organization’s role from keeper of accurate records to analysts of performance.
The third, or digital era, enables seamless technological enablement of routine functional tasks, liberating finance professionals to focus on a new role: creating enterprise value.