What is Finance and Accounting Digital Benchmarking?
Digitalization and COVID have changed the role of finance and accounting permanently. Finance has historically approached investments and transformations from a cost and efficiency standpoint. They now need to adopt a ‘service provider’ mindset that enables customer value through the enterprise.
Business leaders are becoming cognizant that balanced investments in every aspect of the finance functions are instrumental in achieving transformation. As product-service portfolios change and customer and business acquisitions go digital, finance is standing at the forefront of enabling R&D, marketing, sales, manufacturing, services, and supply chain with the right pricing and costing models.
Digital Enterprise Evolution Model™ - Finance and Accounting
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Digital Benchmarking of finance and accounting is a survey driven process through which we help finance leaders measure their competitive positioning on the finance digital continuum by comparing their capabilities quantitatively against peers within the industry and digital champions worldwide.
Benchmarking the digital maturity of finance reveals insights that help in strategic prioritization and allocation of resources in a time of rapid change and challenging constraints.