Businesses have dealt with unprecedented change in recent years and are preparing for what comes next. With the near-term economic outlook uncertain, many are reconsidering the distribution of their technology spending.
Companies are also considering whether they can realize bigger payoffs as the economy’s digital shift continues. Thirty-two percent of chief financial officers (CFOs) at healthcare companies and 23% of those at finance and insurance companies say their most important reason for investing in improvements to their working capital and credit systems is to expand their businesses.