TECH SUPPLIER Sep 2020 - Taxonomy - Doc # US46441820
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2020: Finance
By: Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Kevin PermenterResearch Manager, Enterprise Applications, Shawn FitzgeraldResearch Director, Digital Transformation Strategies, Robert ParkerSenior Vice President, Enterprise Applications, Data Intelligence, Services, and Industry Research
This IDC study presents IDC's first digital transformation (DX) use case taxonomy for finance. It includes descriptions of the strategic priority, programs, and use cases for this horizontal function.
"As organizations move into the digital economy, focused on digital transformation initiatives, the functions of finance and treasury are turning to advanced technologies to enable the evolution. Fueled by the enormous amount of waste and inefficiency within the treasury workstreams, the CFO requires more advanced and innovative technology. Vendors are supporting digital transformation with new use cases that treasury applications can leverage with technologies such as Big Data and analytics and machine learning to perform efficiently," says Kevin Permenter, research manager, Enterprise Applications at IDC.
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