A guide to scoping out an efficient digital A/R operation to deliver increased business value
More than 90% of Finance executives believe that digital transformation will fundamentally change the way business services are delivered over the next 3-5 years
Before driving a digital transformation project, let’s first define its scope.
If not just automation, then what is Digital Transformation?
Digital transformation is the next wave of disruption that could fundamentally change the way shared services operate.
It is defined as “the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers” or in simpler words, it is driving the evolution from “cost killers” to “value drivers”.
Digital transformation marks a radical re-thinking of how an organization uses people, processes, and technology to fundamentally change business performance.
Digital transformation in A/R
Transforming accounts receivable (A/R) is the key to making business move faster in this slow economy.
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