Digital Finance Predictions

Sourced from Finance Monthly. The digital transformation of the finance sector has continued relentlessly throughout 2020. Industry is already starting to see the paybacks from making small, incremental changes to financial workflows by adopting emerging technologies. The pandemic is accelerating the speed of change and catalysing more investment in end-to-end automation and remote working. So, where will this trend take the industry in four years’ time? Here are four predictions about what the finance function will resemble in 2025: Many of today’s technologies will still be in play Not all challenges from 2020 are likely to disappear by 2025. As tech continues to evolve, so too will legislation and regulations. Requirements change all the time, especially as businesses begin to use bigge...