Finance Modernization: What Does it Mean to You?

 

In 2022, TAC Events ran its Digitization in Finance survey. The survey asked members of the TAC Events community for their opinions on digital leadership within finance, risk, and billing teams worldwide, the extent of their own digital transformations, and the barriers they may have encountered. We analyzed these results and discussed our findings with an expert panel, whose insights are included throughout the report.

Below you’ll see an insight into some of the key questions we put to our audience and their responses. You can download the full report below.

What is the biggest strategic driver for transformation across your organization?

What is the biggest technology driver for transformation across your organisation?

What technologies will help address the most important business pain points?

What % of processes are automated?

How fast will finance transform? When will we stop using spreadsheets?


Our community recognizes the value of transformation. The reasons are clear. Digital transformation drives revenue growth through business model innovation, for example through improved customer experience. It also helps drive efficiency to cut costs. It frees staff from mundane, manual, repeatable tasks and allows them to focus on more value-added processes. IT also speeds the delivery of services and provides a benchmark on which a company can innovate.

You can download a copy of the full report here >