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3 Disruptions for Finance and Procurement Industries
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Disruption is a buzz word that we hear a lot nowadays.
The typical way of doing business in a high functioning, agile, and real-time digital age are constantly evolving. And, well, we are always in line for an interruption with some new and creative innovation.
As business processes change in almost every respect, so do finance and procurement operations. As a professional in the industry, the best time to begin rolling with the proverbial punches is now.
3 trends aim to have a major impact on the world of finance and procurement:
- Artificial intelligence and robotics will work to re-invent the dynamics of the accounts payable department.
- Business platforms will support automation as the foundation for predictive analytics.
- Blockchain will improve data accuracy and may eliminate the need for third-petty audits.