Traditional Finance vs Modern Finance Source: Agile Finance Revealed. The New Operating Model for Modern Finance.
American Institute of CPAs (AICPA—2017)
Agile business leaders are adopting
modern finance solutions
Did you know? Before long, your finance function will embrace entrepreneurial
attitudes as they understand and act upon real-time and reliable data.
With modern finance in place, your company’s digital financial data
will become a dynamic asset.
Because, while disruption is often destructive, disruption is
likewise creating new opportunities for your finance organization
and its professionals.
18 19 Chapter 3: Finance Challenges and Opportunities Your Complete Guide to Modern Finance From: Operational Efficiency The past: finance
organizations focus on
To: Operational Agility The future with modern
finance: finance
organizations embrace
Cost and quality Command and control Process and transactional Growth and speed Learning and adaptive Collaborative and analytical Implemented or implementing
cloud ERP for standardizing their accounting processes
Report: Download the AICPA report for more details
Implemented or implementing
cloud EPM for enterprise reporting, analytics and analysis
Implemented or implementing
emerging tech including robotic process automation for automating
routine processes
45% 51% 44% The Paradigm Shift in Finance
Traditional Finance vs. Modern Finance Identifying the Benefits of Modern Finance
