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Areas of focus for digital transformation strategy

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Areas of focus for digital transformation strategy

As 2019 gets underway, the global accounting industry is at a crossroads. The rise of AI-powered process automation is working its way into corporate finance operations and private accounting practices at an astounding rate, forever changing the nature of the industry and altering the mixture of skilled labour it's going to require going forward. Here in the UK, the Brexit crunch is already worsening skills shortages, which is going to force accounting practices to accelerate plans to adopt process automation in the near future. To do it right, many organisations are going to have to reinvent themselves from the ground up to facilitate digital transformation and operate effectively. Here's what they'll need to focus on.