IDC's Worldwide Digital Transformation Use Case Taxonomy, 2020: Finance

IDC's Worldwide Digital Transformation Use Case Taxonomy, 2020: Finance

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.

Please Note: Extended description available upon request.


IDC's Worldwide Digital Transformation Taxonomy
Digital Transformation Taxonomy Changes for 2020
Taxonomy Overview
Understanding and Using IDC's Digital Transformation Taxonomy
Definitions
Financial Applications
Strategic Priority: Real-Time Insights and Guidance
Digital Risk and Insurance
Intelligent Treasury and Cash Management
Digital Audit and Compliance
Intelligent Tax Management and Optimization
Digital Finance Accounting and Reporting
Digital Operational Accounting and Control
Digital Deal Competencies and Capabilities
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Related Research
Synopsis

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