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

Perspectives

Finance 2025: Digital transformation in finance

Our eight predictions about digital technology for CFOs

Coming off the success of our previous “Crunch time” reports, we’re now looking towards the future with eight predictions for the finance function of 2025. The technologies needed to reimagine finance are here and they will only get better. It’s crunch time.

Preparing for the future

None of us knows for certain what the future will hold, but we all have a responsibility to be thinking about what’s likely to happen, and to prepare for it. In the finance function, that means working now to get the right people and technology in place to take advantage of the inevitable disruption ahead. That’s not likely to happen without a clear vision and strategy for finance in a digital world. Now is the time to step back and make sure your roadmap to that future is clear.

With that in mind, below are eight predictions for finance in 2025, based on what finance leaders are doing and the technology available today. Once you’ve taken a glance through the predictions, consider:

  • Downloading the full “Finance 2025” report to understand how each of these trends impacts finance work, finance workforce, and finance workplace and the steps executives can begin to take today.
  • Taking the survey lower on this page to provide your thoughts on these predictions.
  • Explore our previous Crunch time reports, including “Crunch time IV: Blockchain for finance,” “Crunch time III: The CFO’s guide to cognitive technology,” “Crunch time, too: CFOs talk off the record about finance in a digital world,” and “Crunch time: Finance in a digital world.”

Eight predictions for finance in 2025

The methodology for generating our predictions is straightforward. We look carefully at what finance leaders are doing and at the technology that’s available, and then we ask these questions: What would be possible if we combined different technologies to reimagine the future? How would the work of finance get done and who would do it? How could finance contribute even more to the success of the company?

Let's talk

The years ahead hold great promise for finance organizations that want to create more value for the companies they support. Interested in discussing how Finance can more efficiently deliver better financial information in a timelier fashion? Need help developing a clear vision and strategy for Finance in a digital world?

Fill out the form below and one of our representatives will be in touch soon.

 
 
 
 

Don’t stop there! There’s more to explore:

Download the full report and take the survey below.

What’s your view on the future of finance?

To be candid, there’s no doubt we’ll be wrong about exactly how some of the predictions presented above play out. Just as there is no doubt we will be right about others. Quickly let us know your perspective using the pulse survey below and indicate whether you’d like to receive an infographic in the Fall with a recap of responses, to see how your answers compare against others.

Shaping the future of finance: FinVENTA

When Sumerian merchants first recorded livestock sales on clay tablets, finance technology was born. Five thousand years later, technology has evolved into a new class of digital tools reshaping every aspect of the business. No matter what future you see for your finance organization, one thing is clear: That future is now. If you’re going to compete in the digital world, your organization needs to forecast and manage more effectively and become more efficient.

The key? FinVENTA, an integrated technology platform that leverages a modern digital finance architecture and disruptive technologies to showcase the art of the possible across operational, business and specialized finance for deeper, more accurate insights that speed time to outcome.

Learn more about FinVENTA.

It’s crunch time for digital transformation of finance

Want to learn more about topics related to finance in a digital world? Explore “Blockchain for Finance,” “The CFOs guide to cognitive technology,” and more at our Crunch time site. 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.

Need help developing a digital finance strategy and taking the next step on your journey towards a better, faster, and less expensive finance organization? 

Scroll down to the “Get in touch” section and contact us directly.

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