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ARTICLE · 02 SEPTEMBER 2022

High Inflation? Good Time To Digitize Finance

When the going gets tough(er)... streamline processes, squeeze costs out, and release the bots.

United StatesFinance and Banking

When the going gets tough(er)... streamline processes, squeeze costs out, and release the bots. A majority of our CFOs are focused on reducing SG&A costs this summer largely in response to the inflation, supply chain, and drought impacts on their businesses. That said, we also have been reporting on many businesses who are accelerating the use of technology to de-risk their reliance on human capital to solve complex process issues. The talent-labor crisis has put some conviction behind the technology investment decisions going into the 4th quarter and beyond. Regardless of interest rates, food and gas prices, and the cost of Florida real estate (those leaving Michigan, please turn the lights off..) the march to digital finance continues.

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