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

Published by IDC Product code 960311
Published Content info 26 Pages
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IDC's Worldwide Digital Transformation Use Case Taxonomy, 2020: Finance
Published: September 7, 2020 Content info: 26 Pages
Description

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.

Table of Contents
Product Code: US46441820

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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