The Hackett Group’s 2019 Key Issues Study revealed that cost reduction was finance’s top improvement priority for this year. The study found that finance leaders expect digital transformation will have a dramatic impact on their performance, their operating models, and their skills and role definitions in the next two to three years. Cost optimization is a huge driver of finance shifting to digital. Digitalization can have a major effect on finance organizations by significantly reducing costs and increasing efficiency. By taking advantage of digital tools, finance leaders can match the efficiency levels of today’s world-class finance functions.