92%
92% of respondents see SaaS finance applications as enablers for the adoption of emerging technologies.
2:1
Organizations that add emerging technology capabilities to finance applications by purchasing prebuilt solutions outnumber those that build solutions by two to one.
37%
Users of AI within financial systems report an average improvement of 33% in productivity and 37% reduction in errors.
4
Days
Organizations have reduced the time needed to complete the monthly financial close process by about four days on average thanks to the incorporation of AI into their finance systems.
88%
88% of organizations leveraging IoT data in their financial systems are achieving or exceeding ROI expectations.
83%
83% of organizations leveraging blockchain technology within finance applications expect a significant return within one year.
38%
Users of digital assistants within financial systems report an average improvement of 36% in productivity and 38% faster analysis capabilities.
9.5x
Emerging technology users are 9.5x more likely than those not using emerging technologies to have market-leading financial/operational metric accuracy (38% versus 4%).
58%
Aggressive adopters of emerging technologies for finance and operations have grown their annual revenues 58% faster than organizations not investing in any of these technologies.
80%
Aggressive adopters of emerging technologies for finance and operations have grown their annual profit 80% faster than organizations not investing in any of these technologies.