How IT Can Lead to Greater Business Agility and Financial Control
A survey by SAP Concur and Oxford Economics of 500 IT and finance decision-makers found IT departments are constrained in strategic roles, with nearly 6 in 10 IT leaders spending more time on manual processes since the pandemic. Only 52% say they effectively collaborate with finance, and 36% say their organization has the financial visibility needed. Digitalizing finance processes can improve agility and control.
Impact and considerations
Collaboration between IT and finance is crucial for digital transformation; digitalizing finance processes enhances business agility and financial control.
Key points
- Nearly 6 in 10 IT leaders spend more time on manual processes since the pandemic
- Only 52% of IT leaders say they effectively collaborate with finance
- Only 36% say their organization has the financial visibility needed
- Digitalizing finance processes improves agility, collaboration, and productivity
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:25
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：How Can IT Help Lead the Way to Greater Business Agility and Financial Control? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47