The Need for Resilience and Agility in Finance

Jens-Peter Jensen ()

A chapter in The Digital Journey of Banking and Insurance, Volume I, 2021, pp 43-51 from Springer

Abstract: Abstract This chapter first discusses the industry challenges for a financial institution and derives from these the need for resilience and agility for the finance department. Following the changing mandate for finance, the business processes and data architecture are examined. The final section summarizes the value synchronized business processes and data can bring and how to deploy such an undertaking.

Keywords: SAP; Predictive insights; Real-time insights; Seamless connectivity; Data-driven intelligence; Universal Journal; Operational effectiveness; Total cost of ownership (TCO); Financial insight and risk control; CFO; COO; Planning; Accounting; Reporting (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-78814-8_4

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DOI: 10.1007/978-3-030-78814-8_4

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