What blockchain means for finance

Together with ERP, blockchain can help CFOs streamline processes, enhance transparency, and create new ways of working with partners and customers. Can you imagine a future in which your finance organization and external business partners have a common system to transact, store, and access records for payments, orders, and reporting--a future in which processes that were once manual and laborious are carried out automatically? Not only would you be able to cut out dozens of costly and time-consuming steps, you'd also be able to create a more trusted environment for everyone involved: vendors, business users, and customers. Blockchain can pave the way for this future. The technology promises other benefits, as well: Internet-connected devices seamlessly uploading data, and artificial intelligence (AI) systems tapping into historical records and proactively suggesting actions that finance professionals can use to bring their company to the next level in their digital transformation.