Transform your finance platform to deliver value faster

Fuel your value ambitions and support business growth and resilience

A major priority for Chief Financial Officers (CFOs) is enterprise digital growth and technology investment. Technology is a key value driver but can be a barrier to the best-laid plans—often requiring a re-platforming of the enterprise. CFOs also face challenges gaining agreement among peers on the organization’s business and technology goals, and how much value can be realized for the enterprise.

86%

of CFOs say transformation programs need to be completed much faster than in the past

90%

of C-suite executives say they are undergoing an accelerated digital transformation, and those who are doing it successfully are using technology, data and artificial intelligence

98%

of organizations say technology is their top lever for reinvention

How finance platform transformation is changing

Modular and interoperable platforms are key

According to CFOs, technology is the greatest threat to their business but also a great business lever and top value accelerator. Custom legacy and monolithic ERP systems cannot be scaled to meet current and future needs, creating barriers to value creation. By digitizing their finance systems, companies can use the full power of their finance capabilities and strategic business initiatives.

This is key to driving finance and enterprise efficiency, improving analytics and planning capabilities, supporting new business model needs and building secure control and compliance capabilities.

75%

faster financial report delivery and a 57% decrease in time spent gathering data—leading to a 116% increase in time available for analysis work

Assess and compare processes to find ways to improve them. Use smart technologies and tools to make processes more efficient by standardizing, simplifying and automating them.

42%

of finance functions have a high potential to be automated by generative AI

Develop and implement a finance operating model to support the new finance vision and technology strategy. Pivot away from legacy and monolithic enterprise resource planning (ERP) systems to capture the full potential of advanced technologies.

72%

of CFOs say finance planning and analysis applications play the most significant role in delivering value

Tap into a leading ecosystem network to fine-tune and implement the new finance system landscape, platform transformation approaches and migration strategies. This is critical to delivering value, improving program execution, and reducing risk exposure and costs.

6x

faster revenue growth for organizations with technology applications that work together

What you’ll achieve

Easy access to all organizational data

Access a fully integrated repository of organizational data. This allows all functions across the organization to unlock actionable insights from data and analytics.

A simplified technology landscape

The simpler the technology landscape and the greater the use of out-of-box and integrated tools, the greater the chance to turn disruption into growth—and at a lower cost.

A more responsive, agile and value-creating finance function

Automated processes allow finance to focus more on planning, analyzing and advising the business—accelerating decision-making to seize opportunities while mitigating risk.

A foundation built to support evolution

A modular, interoperable ERP foundation can enable future initiatives like advanced reporting and analytics, improved sustainability disclosures, intelligent automation and an insight-driven culture.

Increased sustainability value

Transforming your finance platform prepares your organization for environmental, social and governance (ESG) risk exposure, compliance, regulations and assurance requirements and supports improved ESG reporting and performance.

What’s trending in finance platform transformation

Research Report

Reinventing with a digital core: How to accelerate growth through change

To capture the value of generative AI—or the next disruptive technology—companies need a digital core that is “reinvention ready.” Here are the three actions needed to achieve that coveted state.

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Research Report

Reinvention in the age of generative AI

Five imperatives the C-suite must address to reinvent in the age of generative AI.

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Research Report

Turn disruption into value creation

In an era of permacrisis, companies are embracing reinvention and turning to their CFOs. To meet the moment, CFOs need to transform their finance function to better support the organization’s reinvention and growth ambitions.

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Research Report

Technology Vision 2025

AI is transforming business— driving autonomy, amplifying capabilities, and revolutionizing entire industries. From next-gen robotics to dynamic human-AI partnerships, discover the trends that are defining tomorrow, today.

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Research Report

Build your tech and balance your debt

Why balancing—not eliminating—tech debt is key to reinventing with a modern digital core.

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Research Report

Change reinvented: A new blueprint for continuous, meaningful, successful change

Continuous change is the new reality. Leaders can see the pressing need for change but lack the confidence to deliver. Discover our new blueprint for excellence in change that can lead to higher, better and faster returns.

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Perspective

Breakthrough innovation: the megatrends of transformation

Breakthrough innovation sits at the intersection of understanding the potential of next generation technologies and applying them in novel ways. We believe companies can engineer these game changers.

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