What Is Business Architecture, and Why Is It Valuable with Finance Transformation?

This IDC Perspective discusses what a business architecture is and why it is valuable with finance transformation. Business architecture is crucial for finance transformation, aligning goals, strategies, processes, and resources to enhance efficiency and decision-making. It helps finance teams streamline workflows, reduce inefficiencies, and adapt to changes. By applying business architecture, finance functions can move beyond transactional tasks to strategic enablers, supporting organizational growth and transformation. “Unlock the strategic power of business architecture to revolutionize finance transformation, streamline processes, and drive organizational success with precision and purpose,” says Heather Herbst, research director, CFO Tech Agenda at IDC.


Executive Snapshot
Situation Overview
What Is Business Architecture?
How Can You Apply and Perform Business Architecture for Finance (and the Business)?
What Are the Business Architecture Tools That Exist?
Advice for the Technology Buyer
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Synopsis

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