Finance is doing things that it never could before thanks to digital technologies. End-to-end multi-dimensional data access is enabling total visibility into both enterprise and customer data. The result? The finance organization will evolve from an expense control, spreadsheet-driven accounting and reporting centre, into a predictive analytics powerhouse that creates business value.
The rate at which digital finance functions become more mainstream may reflect the speed at which a CFO’s traditional role may morph “from cost authority to business value architect”.
Read more in the Accenture Strategy report, The Future of Finance.