Proof Point
Most professionals in KPMG survey believe cloud ERP and ERM systems in finance functions are somewhat to very mature, while on the other hand, more believe blockchain is not at all mature in 2018
Maturity of Automation Capabilities in Finance Functions
July 2018 (percentage)
| Note: | Data from KPMG’s 2018 Employing Advanced Technologies to Transform Finance survey of 1,000 professionals and 1,250 EPM professionals within KPMG’s global network of independent member firms operating in 154 countries and territories last July 2018 |
Proof Point Findings
- Matured Cloud Systems – 69% of respondents surveyed by KPMG believed automation capabilities of cloud enterprise resource planning (ERP) and enterprise risk management (ERM) systems in finance functions are mature
- Lagging Automation Capabilities – Overwhelming majority of respondents think that machine learning / artificial intelligence (89%) and blockchain (91%) automation capabilities for finance functions are still in early phases of maturity
- Key Growth Drivers – Include exponential advances in digital technologies, proliferation of automation applications across different sectors, growing demand for business process automation to increase productivity and efficiency, and intensifying competitive environment
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Accelerator |
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Business Model and Practices Business Model |
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Sector |
Cross-sector
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Function |
Accounting and Finance
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Source |
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Date Last Updated |
January 29, 2019
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