U.S. Markets open in 3 mins

[$$] Finance Teams Bet Technology Will Bridge Budget Gap

Finance departments are betting that new technology will close efficiency gaps created by budget and staff cuts spurred by the next economic slowdown. Ninety-one percent of executives rated digital transformation and maintaining a competitive cost structure as either highly important or critical to their finance team’s objectives in 2019, according to a survey of 150 finance, information technology, human resources and procurement executives by consulting firm The Hackett Group Inc.