This insightful report by Oxford Economics and FIS digs into the challenges organisations face due to financial disharmony, revealing how a collective loss of nearly $100 million can be avoided with improved technology investments. The findings stem from a survey of over 1,000 executives from the US, UK, and Singapore, highlighting best practices to combat financial inefficiencies.
Key Points
- Financial disharmony can lead to nearly $100 million in losses annually for organisations.
- Increased uncertainty from global trade issues and technological disruptions poses challenges for business leaders.
- Surveyed executives identified leveraging technology as key to improving efficiency and reducing risk.
- Customer expectations for seamless service continue to rise, pressuring companies to adapt.
- The report presents actionable recommendations on maintaining financial harmony amid changing market dynamics.
Why should I read this?
If you’re in the business world, you really need to check this out! This article serves up some crucial insights on how financial disharmony can hit you hard, costing millions. It’s all about grabbing hold of tech to not just survive but thrive. Don’t miss out on these golden nuggets that could save your company from hefty losses!