文章基本信息

标题：Influence of information technology on the finance function: evidence from case studies
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作者：Durrel Ramrathan ; Mabutho Sibanda
期刊名称：Investment Management & Financial Innovations
印刷版ISSN：1810-4967
电子版ISSN：1812-9358
出版年度：2015
卷号：12
期号：1
页码：310-317
语种：English
出版社：LLC “Consulting Publishing Company “Business Perspectives”
摘要：The finance function is defined by a complex set of activities and interrelationships between them.Each of these activities is also under stress from the competitive market place,to become more efficient,enhance productivity and reduce costs.The main mechanism used to address these issues is that of information technology(IT).While the definition of IT may be complex,the core characterization is the conversion,process and transfer of information.The ability of IT to impact the finance function is vast as it has multiple applications for each activity.However,the main effect of IT is to automate manual tasks to remove human error,create standard processes to enhance transparency,and ensure compliance with regulations.The implementation of IT has given Chief Financial Officers(CFOs)more flexibility in their organizations,as well as the ability to derive greater levels of insight from the current amount of data they have access to.While IT may provide the activities within the finance function with numerous opportunities to evolve,the study concludes that the pivotal evolution is to shift the finance function from a transaction processing unit to a more strategic function within the organization.This paper uses the case study approach to ascertain the influence of IT on the finance function.
关键词：finance function;information technology;analytics;predictive analysis.