Perspectives

Oracle Perspective: The digital age of finance

How CFOs can leverage disruptive technologies to achieve new levels of efficiency, agility, and value

This point of view explores how technology is reshaping the future of finance and the value proposition Deloitte and Oracle can provide to finance organizations embarking on digital transformation.

You don’t have to look far to witness the impact that disruptive technologies such as the cloud, robotic process automation (RPA), advanced analytics, artificial intelligence (AI), machine learning, and blockchain are having on business. These digital tools are changing how business gets done—and reshaping the future of finance.

Finance organizations are no strangers to technology, but new levels of digital disruption create an unprecedented opportunity to radically improve back-office operations. Digital technologies free up time and resources to analyze massive amounts of data, quickly, and distribute data-driven insights throughout the organization. This is efficiency, agility, and influence like we’ve never before seen—and it’s changing the finance function for good.

CFOs who takes advantage of the new digital tools can influence and reshape their business. When applied to finance, digital technologies allow CFOs to manage traditional responsibilities like internal controls, compliance, and closing the books faster and with more efficiency—and to help drive top-line growth.

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CFOs are now in an ideal position to lead the coming productivity boom and secure a bigger share of the potential gains for their organizations. Now is the time to take that first step and make sure your roadmap to the future is clear.

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