CFOs have been relatively slow to initiate digital transformation concepts throughout the finance function, but that is changing thanks to the growth of reliable cloud solutions and the introduction of intelligent financial applications. Modern cloud-based applications are projected to increase at a CAGR of 6.2% according to IDC. Consequently, the global market for financial applications is projected to reach $44.7 billion by 2025. At the same time, public cloud deployments are anticipated to grow at a 13.9% annual rate.
In terms of the O2C Process, CFOs Want Technology
Solutions that Meet the Following Criteria:
The past 2 years illustrate the impetus for a closer bond between data analytics and financial operations.
Editor, Highako Academy