Evaluating your O2C Automation Journey Is it time for a service
Financial processes are an integral part of an organisation. They touch every aspect and generate huge amounts of data, with the potential to identify performance issues, predict future scenarios and change business outcomes. According to SAP insider, more than 60% of companies would be using cloud based services by 2022, and there is a 3.8% expected increase in spending for cloud services in 2021 itself.
With new technology being unveiled each day, and the continuously evolving economy, how do you know if your existing O2C solution is delivering sufficiently high rates of automation to unlock this potential? Are you leveraging the necessary data and knowledge to make a significant impact on business decisions and performance? An MIT survey reported that 50% executives found that the pandemic exposed strategic weaknesses within their organisation, how would you deal with such an issue? Keeping up with trends is the key to survival and digital transformation is the best way to fill those gaps.