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CFOs are playing an increasingly vital role in guiding their organizations towards growth and profitability. To achieve this, they are turning to technology to plan for any potential downturns. Smart tools such as Robotic Process Automation (RPA), Artificial Intelligence (AI) and Machine Learning (ML), Cloud Computing, Data Analytics, Blockchain Technology, Predictive Analytics, Enterprise Performance Management (EPM) Systems, Mobile Applications, Cybersecurity Solutions, and Intelligent Virtual Assistants are being used by CFOs to identify trends, predict future outcomes, and make informed decisions. Automation is a key component of these technologies, revolutionizing finance and accounting processes.
