Finance in the Digital Era: Embracing sustainability and self-service reporting

Finance departments can play a role in helping the organization transform. They can help in adapting to Environmental, Social, and Governance (ESG) standards, in finding fair business models, and in giving the business the insights it needs to effectively change the organization’s footprint.

For 2022, Finance on a Mission together with UiPath, the University of Amsterdam, University of St. Gallen, International CFO Alliance, and IMA, ran a survey-research to find out the state of finance in the digital era. We collected a total of 167 survey responses from Finance professionals, ranging from CFOs to Finance managers and experienced controllers across Europe.

This report answers the following questions based on our findings from the survey:

- Which technology are organizations embracing to improve Finance department operations?
- How fast are these technologies being adopted?
- How'll technology change the Finance department, especially with new emerging approaches like Self-Service Business Intelligence?
- What is the impact of sustainability initiatives on the Finance department?
- What is the role and influence of the Finance department, and how is it structured and organized?