Digital Processing, Big Data, Predictive Analytics - What's New about Digitalization? Or is not Finance already digital enough?

Where does digitization begin?

There are currently no optimization projects in companies that are not sold internally with the keyword digitization. Process optimization sounds elaborate, harmonization sounds like resistance and centralization is almost an old hat.

Since digitization sounds better already! That's how you're up to date! But what is that exactly? And what does digitization have to do with finance?

Digitization is the intention to use digital technology to offer new products, to be able to improve processes and to accelerate communication and networking!

Basically, digitization is nothing new. The replacement of the typewriter by the computer was a digitization of data storage (away from the Leitz folder to the Windows Explorer). If we talk about ERP systems and in particular about SAP, then "digitalization" has been pushed forward for 40 years.

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4C Whitepaper: "Digital Finance"

Download our Whitepaper to learn how digitalization is driving the transformation of financial processes and roles, making strategic realignment and data-driven decision-making essential.

4C Whitepaper: Reporting Factory - Reporting and Digitization

Reporting 4.0 enables digital and efficient reporting. The challenges of implementation are addressed while implementing best practices of a "Reporting Factory."

4C Whitepaper: Automation of purchase-to-pay processes

Find out how digitalization is revolutionizing procurement. Read now!

4C E-Booklet: Robotic Process Automation

Understanding Robotic Process Automation is achieved by exploring its applications and functions, as well as developing a roadmap and providing a market overview of RPA solutions.

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Peter Keefer


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Stephan Grunwald

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