Inside the Strategy Room

170. Building a world-class digital finance function

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Aug 13, 2023
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INSIGHT

Automation Potential

  • While many companies use digital tools, full automation potential remains untapped.
  • The ambition should be 95% automation of repetitive tasks, but current rates are around half that.
ADVICE

Transformation Roadmap

  • Set a clear ambition for digital transformation in finance, with measurable KPIs.
  • Ensure alignment across teams and leadership, focusing on value achievement.
INSIGHT

Missed Opportunities

  • Modernizing ERP systems offers a chance to rethink the finance function's role.
  • However, many companies miss this opportunity, simply modernizing existing processes.
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