finance transformation crunch time digital finance cognitive

Perspectives

Finance in a digital world: It’s crunch time for CFOs

A series on digital transformation in Finance

Latest: Investing in the cloud

Rare is the company that doesn’t have some sort of cloud initiative underway. Cloud is rapidly becoming the standard in how technology solutions are developed and delivered, bringing benefits such as reduced time-to-market, scalability, and a pathway to innovation. But that doesn’t mean cloud is easy to implement and manage. This guide shares answers to CFOs’ frequently asked questions about cloud investments anywhere in the enterprise, as well as within Finance. Learn the opportunities and challenges that come with investing in the cloud so you can make more effective cloud decisions.

Crunch time VIII: The CFO guide to Cloud

Get your questions answered and make more effective cloud decisions.

At just about every organization across every industry, the cloud is top-of-mind in the C-suite.

With 93 percent of organizations either adopting or considering the cloud, it is essential for CFOs to determine its value proposition and its implications for accounting, contracting, security/risk, and other areas of the business.

As CFO, you know cloud will be part of the future, whether driven by the need for innovation, cost reduction, or both. By making more effective cloud decisions, you may get a jump on competitors in terms of innovation, agility, and cost.

Crunch time VII: Reporting in a digital world

Imagine a future where executives no longer rely on binders of static data to inform their decisions, and where reporting – both external and internal –  is intelligent, interactive, and real-time. This guide looks at how companies are using today’s digital tools to upgrade their reporting processes to get better information distributed faster – and at a substantially lower cost. 

Crunch time VI: Forecasting in a digital world

Organizations are shifting to forecasting processes that involve people working symbiotically with data-fueled, predictive algorithms. It’s all made possible by new technologies— advanced analytics platforms, in-memory computing, and artificial intelligence (AI) tools, including machine learning.

Today, these technologies in the hands of expert forecasting talent give companies the ability to discover things they’ve always wanted to know—as well as things they didn’t know they didn’t know—with more confidence and speed.

 

Crunch Time V: Finance 2025

The newest addition to our Crunch Time series, which offers several predictions about how finance organizations might evolve over the next several years, becoming better, faster, and probably less expensive. You can also examine specific digital disruptors and their impacts in our other Crunch Time reports. Whatever your interest, one thing is clear: From cloud computing and robotics to analytics, cognitive technologies, and blockchain, a new class of digital disruptors is transforming how the work of finance gets done.

Crunch Time IV: Blockchain for Finance — what CFOs need to know

Ten minutes into a discussion with a group of blockchain professionals, one CFO shook his head. “This is ridiculously ambiguous,” he complained. And it didn’t take long for others to agree. In response, we set out to demystify blockchain for CFOs, focusing on how finance organizations can apply blockchains to streamline processes, improve controls, and transform finance operations.

"Blockchain for Finance" is a practical guide for finance organizations that want to understand options for blockchain and make effective decisions about moving forward. It features more than a dozen frequently asked questions finance teams can use to make sense of blockchain technology, as well as a high-level roadmap for adoption. It also includes a seven-point checklist for CFOs who are thinking about embarking on the blockchain journey.

Crunch time III: The CFOs guide to cognitive technology

"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.

Crunch time II: CFOs talk off the record about Finance in a digital world

In the follow-up report, Crunch time, too: CFOs talk off the record about finance in a digital world, 30 CFOs share their unfiltered thoughts and experiences around a broader discussion of finance and what it means to make the digital journey. Deloitte knows that one way to stay abreast of new developments is to join in focused conversations with other finance leaders, across multiple industries and geographies, so this is a good place to start.

Crunch time I: Finance in a digital world

Deloitte's new point of view, Crunch Time: Finance in a Digital Worldis based on extensive research with finance executives, including in-depth interviews with CFOs of global businesses.This short book, filled with practical insights and comments from finance leaders, may be the quickest way to understand what's in store for finance organizations as they hurtle toward the future.

Did you find this useful?