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Report The Digital Transformation Partnership: Promoting the CFO-CIO Alliance

The Digital Transformation Partnership: Promoting the CFO-CIO Alliance

The events of 2020 forced most companies to operate outside their comfort zone in a virtual environment.

Dedication and hard work enabled finance and accounting departments to overcome obstacles, but the experience led executives to make commitments to adopt technology that will make their organization more resilient and able to adapt more easily to any circumstance. To accelerate what has come to be known as “digital transformation,” CFOs and CIOs should collaboratively develop a roadmap of goals and timetables that will enable their organization to thrive regardless of the circumstances.

Report Snap Shot

88% of companies that have automated substantially all their close processes are able to close within six business days compared to 59% that have automated some parts and just 40% that had applied little or no automation.

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