Sponsored by FYIsoft
- Finance transformation projects can and should have a high ROI, as we’ll demonstrate through several cost savings/benefit scenarios in this whitepaper.
- Author: BPM Partners
- Date: February 2022
- Pages: 15
- Request your copy today by completing the White Papers Request form.
Finance leaders struggle to balance increasing demands for finance function support with decreasing finance function budgets. As a result, 65% of finance teams are currently undergoing or planning a finance transformation effort. Even in the midmarket, more than 60% of companies have engaged in related projects. These initiatives are a combination of software modernization and process reengineering that aims to make planning and analysis more dynamic, frequent, forward-looking, collaborative, participatory, and inclusive of operations. In addition, manual processes are automated and streamlined which reduces errors, speeds up financial cycles, and leaves more time and resources available for analysis.