Digital Finance Transformation Program is a Career Differentiator

From business models to supply chain and accounting to human resources, everything is impacted by the touch of technology or digitization. This is one of the reasons why the country is witnessing a skyrocketing demand for finance certification courses.  A bottom-line goal that digital transformation course in finance is trying to achieve is the connection between employers, companies, employees, and customers on the new products and services. Digitization does not end its purpose in just connecting companies, employees, and customers but also allows business leaders to find new strategies to explore new opportunities. This constant search for strategies and new opportunities has led finance leaders to look at technology and digital transformation as the need of the hour!

Finance leaders like CFOs have recently identified that external trends have given rise to thinking about new business models and reorienting business processes. Moreover, they have explored that new-age digital executive fintech courses coupled with training on the right technological tools can reduce tedious operations and can lead to faster and more efficient workflow in organizations. A recent study found that over 50% of employees find automation has helped them save 2 hours of their work time. They also found that implementing new-age digital tools into finance operations helped them predict outcomes and increase regulatory risk to weather any unforeseen risks on the horizon. 

Having said that, let us try and understand the scale on which finance technology courses have made an impact in the finance world as well as the importance of a Digital Finance Transformation course from the best institute in India.

Cloud-based Solutions- We know we are living in a stressed pandemic-driven environment and work-from-home has become the norm of the day. In this situation, as a CFO leader, it is more important that you keep up the trust strong with your stakeholders. A viable solution for providing them access to reliable, accurate, and updated financial data and information is through deploying cloud-based tools. Finance professionals to meet this goal can opt for executive programs for working professionals.

Finance Reporting & Analytics - Reporting and financial planning form the backbone of the financial health & success of an organization. Finance leaders like CEOs and CFOs can choose finance certification to improve accuracy in reporting and build strategic financial planning measures to aggressively adopt digitization. 

Communication & Collaboration - The effective route to business success is communication and collaboration in the team. CFOs today urge the need for a cloud-based document management system where employees can share their ideas, and thoughts from the limit of their comfort zones. The greatest benefit of opting for a digital finance analyst course is to bring accountability, transparency, and productivity to workflows to enhance the decision-making process. 

Technology Assessment - A big concern for most CFOs is to digitize manual and redundant finance operations to make them more efficient and agile. Automation and ERP solutions are in-demand assets for streamlining finance functions. Since the pandemic dust has settled down, there is a great hiring rush for finance roles in different areas of the economy (public and private) as well as finance management certification as there is a spiked demand for professionals with advanced skill sets in managing additional workloads, policy changes, record keeping, and audit framework. 

Digital finance transformation is one of the ground-breaking options for finance graduates and professionals to diversify career opportunities and enable career progression. To become an impactful finance leader in an agile and digital-driven world, Miles in collaboration with IIM Lucknow is hosting a webinar featuring two giants in the field - Varun Jain and Gary Cokins on July 14 that can get you an invigorating experience to  take up the Digital Transformation Program.