Last year’s pandemic-driven business challenges proved that finance organizations are capable of making rapid process and technological changes. Emboldened by this experience, they are now reinvesting technology dollars saved through system simplification and cloud migration in the accelerated adoption of digital technologies, for example data management and machine learning. This new, data-centric foundation can deliver an unobstructed, end-to-end view of financial and operational information, resulting in reduced cost, improved cross-functional collaboration, and greater capacity to focus on creating business value via timely and meaningful decision support.
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