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174. Financial Transformation Live: The New Normal in Finance- Future-Proofing your Finance Team

CFO 4.0 - The Future of Finance

CHAPTER

Digital Transformation in Finance Processes

The chapter discusses the shift in finance processes from manual to digital, focusing on digital authorization systems, proactive budget management strategies, and the evolution of procurement processes. It highlights the automation of entry and validation through OCR technology, the importance of a paperless system for efficiency, and the future adoption of AI and Electronic Data Interchange for streamlined operations.

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