While many finance executives are slashing costs to weather the downturn, some view investments in technology as essential to better equip newly remote finance teams or strengthen other parts of the business.

"For many, the crisis is accelerating the vision that they've already had for a long time," said Michael Heric, a partner with Bain & Company. "While it could have taken years or even decades to make that shift, I think you're going to see it much faster now."

Fallout from the pandemic could change the pace of automation adoption, the execution of which has been slow for many companies, according to a report released today from Bain & Company.

Solution

Automation

Don’t just improve the status quo: reinvent how work gets done.