Finance in a digital world: It’s crunch time!
Finance technology for CFOs in the age of digital disruptors
Whether it’s phone apps, home automation, or cashless commerce, digital disruption is the new normal for consumers today. It’s changing what we do – and how we get things done – in countless ways. What does this have to do with the future of Finance? Everything.
The technologies needed to reimagine Finance are here and will only get better. Plus, we can learn a lot from other business functions. Modern factories give us a glimpse of what automation can deliver. Smart contracts show us new ways of tracking assets. The lessons are out there, we don’t have to reinvent the wheel. We can focus instead on adapting and adopting.
- Crunch time IV: Blockchain for Finance—what CFOs need to know
- Crunch time III: CFOs guide to cognitive technology
- Crunch time II: CFOs talk off the record about Finance in a digital world
- Crunch time I: Finance in a digital world
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
Blockchain for finance
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 World, is 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.
Digital transformation of finance: Key to make the shift work toward a digital organization
The digital shift