Oracle Perspective: The digital age of finance

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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