Operational finance with business blockchains
How blockchain can enhance the procure-to-pay , order-to-cash and close, consolidate and report processes.
Business blockchains can take time and costs out of almost any finance process, enabling near real-time operations. Here, we deep dive into operational finance and look at three specific examples of how blockchain can aid finance
The Deloitte 2019 Global Blockchain Survey shows that more businesses see compelling use cases with blockchain-based applications. Business blockchains provide the possibility to reinvent how transactions are managed by delivering a high degree of accuracy and control with less risk than many alternatives. Business Blockchains (typically) perform recordkeeping using automated, low-cost mechanisms and enable asset transfer through secure, real-time methods.
If you are a CFO, a controller or other forms of finance professional, this report should provide valuable insight into optimizing the finance organization. Feel free to contact us (see below), if you would like to hear more about business blockchains.