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Report

How to build a digital finance function fit for the technology industry.

How to build a digital finance function fit for the technology industry.

How to build a digital finance function fit for the technology industry.

Workday
Pages 4 Pages

Technology companies are prioritizing digital finance transformation but face challenges similar to other industries—legacy ERP limitations, slow transformation timelines, and misalignment between finance and IT. A Workday survey shows that 89% of tech finance leaders lack robust transformation strategies, and 28% cite transformation speed as a major barrier. Key goals include boosting IT’s financial literacy, accelerating innovation within finance, and fostering stronger CFO-CIO collaboration. To progress, organizations should invest in cross-functional skills, clearly communicate the business case for technology upgrades, and improve collaboration through enhanced interpersonal capabilities.

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