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In a recent study by Forrester, it was found that over 75% of decision-makers agree that they need to change the way they work to deliver on digital transformation goals. Most senior executives believe that new ways of working within the finance function go beyond simply digitising services and processes and focus on automating and augmenting them with AI and cognitive technologies.

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From consulting and risk advisory to technology transformation and process outsourcing, IBM has the expertise and technology to create intelligent workflows across all financial functions to transform and redesign the finance organisation.

Intelligent workflows make the finance function more predictive, transparent, automated and agile, allowing you to increase savings and reduce costs while ensuring regulatory compliance. Intelligent processes minimise inaccuracies, eliminate rework and drive cost-efficiency.

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Intelligent workflows help manage costs through process standardisation, optimisation and automation that result in major finance outcomes, such as:

• 35% - 40% improved cash flow

• 40% - 60% reduced finance operating costs

• 40% increased operational savings

• >10% sourcing savings