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Recession-Proof Your Business with Information Technology (IT)

Anexa

In recent years, we have seen how technological advancements have transformed the way businesses operate, and the use of technology has proven to be an effective way to navigate through economic challenges. Information technology (IT) can help be a valuable business tool during a recession in several ways.

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Hackett: Digital Transformation is a Leading Priority for Finance in 2023, As Companies Respond to the Global Economic Downturn

The Hackett Group

Companies accelerated their use of digital technology in response to the pandemic, and this is continuing, with a focus on ensuring that their investments deliver value. Adoption growth rates in most digital transformation areas are high, and these technologies are proving their ability to meet or exceed business objectives.

Finance 97
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Hackett: Finance Leaders See Cost Containment and Cash Flow Optimization as Top Priorities for 2024

The Hackett Group

Overall, finance leaders continue to focus on digital transformation, using technology investments to reduce costs and create new capabilities. The good news is that the path to reducing costs is clear. Now is the time to be planting the seeds for this potential paradigm shift in delivery model and cost structure.”

Finance 59
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The Hackett Group Announces 2021 Digital Award Winners

The Hackett Group

Over 100 Use Cases were selected and mapped to a variety of automation categories, including data extraction, transformation and generation, process mining, workflows and visualization. For example, FRSS applied robotic process automation (RPA) techniques to automate data extraction and consolidation.