As per a recent study, global RPA (Robotic Process Automation) software revenue is forecasted to reach $1.89 billion in 2021.
Another research states that almost 75% of executives fear of going out of business within five years if they don’t scale artificial intelligence.
A report that studied global enterprises states that 81% of total enterprises have a multi-cloud strategy already laid out or in the works.
Changing markets, growing competitions, tighter margins, and increasingly stringent regulatory policies compel C-suite employees such as CFOs to help their companies evolve.
The legacy systems that are making the processes slow, repetitive operations that frustrate employees, manual workflow that make the functions error-prone, and other such problems cannot be ignored.
To improve efficiencies, accelerate processes, reduce manual errors, optimize operations, and enhance ROI, the CFOs must adopt digital transformation.
The Chief Financial Officers need to follow a strategic approach by analyzing gaps, opportunities, risks, changing business ecosystem, and much more to drive digital transformation. This approach must include the following pointers.