Largely as a result of the pandemic, reliance on and comfort with technology as a business differentiator has progressed in the past two years at pace that would otherwise have taken a decade or more to reach. Customers are rapidly shifting their buying to ecommerce. Supply chains are better managed with strong technology. Staffing woes can often be addressed with automation, and the list goes on.
Finance teams now sit at the center of the digitalization movement, swiftly adopting technology for the team’s own use and helping to establish tech priorities and ROIs for teams throughout the company. Even as economic conditions roil, most companies say they’re expecting to grow this year, and they’re planning to bring in even more technology, in many cases.