Finance in a digital world – It’s Crunch time for CFO’s!
Series on digital disruption in finance
Read “Crunch time III” for insight into how and where cognitive technologies can play a role in the Finance organization.
Crunch time III: The CFO’s guide to cognitive technology
Cognitive technologies have been adopted in other areas of business, inspiring Finance to start learning about them, experimenting with them, and figuring out how to use them. The goal, as with any Finance technology initiative, is to create a more efficient, insightful, and controlled Finance function, yet only 42% of surveyed CFO’s said their Finance team is knowledgeable about emerging technologies, including cognitive.
Crunch time III: The CFO’s guide to cognitive technology provides a collection of examples based on currently available technologies we’ve seen companies begin to test and adopt, in addition to our experience working with many Finance organizations that are devoting more resources – financial and human – to deploying new technologies in these early days of cognitive.
It’s important to remember that none of these technologies stands on its own. There is no Internet of Things or blockchain without cloud computing. There is no cognitive pattern matching without advanced analytics. The technologies build on one another. And what do they build into? Faster and better ways of getting work done.