By implementing successful digitisation, overcome the obstacles to sustainable business development.
Finance-focused CFOs will accomplish fast wins with limited pilot programmes and scale-out investments in emerging technology can be applied through the corporation.
Many firms already operate their financial operations in an antiquated manner, making them exposed to increasingly agile rivalry. However, 66% of CFOs are implementing digitisation techniques – driven by cloud, automation, and sophisticated analytics – to cut costs, boost controls, and unlock valuable insights. COGNITIONTEAM's creative financial management software tools allow you to do just that.
CFOs can make use of Big Data and automation tools to alleviate daily administrative burdens and reallocate revenue. COGNITIONTEAM business software tools assist you in identifying opportunities within your finance activities, refining your technological strategy, and identifying the infrastructure necessary to achieve progress.
According to 2019 CFO Survey Report
Assisting you in automating repetitive, standardised, or rational functions. Automating transaction handling and coordination between different devices, resulting in less failures and decreased exhaustion.
Transforming critical outdated technologies and procedures to improve efficiency – without requiring an expensive complete replacement.
Enabling encrypted data storage and data transfers that are seamless and secure.
With COGNITIONTEAM as your committed software development partner, you will implement creative financial systems that include agile budgeting, more informed decision-making, and a comprehensive performance management framework. Assisting you with the transition to a more agile system.
According to TATA
By using advanced analytics and machine learning, we allow data-driven decision making.
Defining your vision by assessing the investment threats associated with new technologies such as blockchain, artificial intelligence, automation, and robotic process automation, as well as their future deployment within your market.
CFOs are charged with digitising their businesses in order to increase margins and cash flow. 55% of them say it is difficult to execute profitable development in accordance with their plans or policies. COGNITIONTEAM for CFOs will assist you in balancing costs and competitiveness in order to promote sustainable performance.
According to TATA
Rising productivity and sustainability through using real-world data insights. Maximizing the potential of technology such as machine learning, artificial intelligence (AI), computer vision (CV), natural language processing (NLP), and others.
Using a full stack of finance features as a service – distributed via public, proprietary, or hybrid clouds – eliminates the need for major upfront investments.
CFOs are the all-seeing vision of market danger, charged with offering real-time foresight on critical risks in order to optimise decision-making. With COGNITIONTEAM as your CFO software partner, you can leverage internal financial data and external sources to quickly and accurately fix important risks.
According to Deloitte
Developing predictive models that allow you to measure performance and forecast market demand changes.
Assisting you in meeting your duties as chief custodian of data security within your organisation, so that you can deter threats, mitigate expenses, and minimise damages.
Through modernising the organization's financial data system and introducing reliable, time-sensitive reporting, you will make more informed decisions. Our cutting-edge tech tools for CFOs assist in the organisation of data and reporting, enabling you to have the vital information the company requires to strategize in real time.
According to McKinsey
Providing data visualisation (i.e., user-friendly organisational visuals and interactive dashboards) and predictive analytics to assist in determining corporate priorities.
Through integrating technologies and processes, we can make data collection, management, and reporting easy.
Cloud-based applications are reimagining CFO preparation and budgeting platforms.
A shortage of specialised technological expertise is one of the primary impediments to CFOs adopting digital transformation. A competency disparity among an organization's internal resources and a scarcity of new recruits with the necessary expertise are seen as the primary impediments to technical advancement. Over 40% of CFOs identify automation as a critical method for addressing the skills gap – and COGNITIONTEAM's adaptable, specialist team offers another solution.
According to Deloitte
An COGNITIONTEAM-managed specialist distribution unit that can be deployed flexibly to address resource constraints.
Experts in a variety of technical backgrounds that can work together alongside the internal team to expedite the project.