New label or genuine progress?
Digital processing, Big Data, Predictive Analytics - what's truly new about digitization? Or is Finance already digital enough?
There are currently no optimization projects in companies that are not internally marketed with the keyword digitization. Process optimization sounds laborious, harmonization sounds like resistance, and centralization is practically old news. Digitization, on the other hand, sounds much better! That way, you're keeping up with the times!
But what exactly is it? And what does digitization have to do with Finance?
Table of Contents for the Digital Finance Whitepaper:
- Where Does Digitization Begin?
- Digitization entails leveraging digital technology to offer new products, improve processes, and accelerate communication and networking.
- Digital Strategy, Digital Operations, and Digital Capabilities