target audience: TECH BUYER  Publication date: Jul 2024 - Document type: IDC MarketScape - Doc  Document number: # US51353223

IDC MarketScape: Worldwide Enterprise Analytics and AI Business Process Services for Finance and Accounting 2024 Vendor Assessment

By:  Alison Close

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Abstract


This IDC study represents a vendor assessment of providers offering enterprise analytics and AI business process services for finance and accounting through the IDC MarketScape model. The assessment reviews both quantitative and qualitative characteristics that define current market demands and expected buyer needs for analytics and AI business process services for finance and accounting. The evaluation is based on a comprehensive and rigorous framework that assesses how each vendor stacks up, and the framework highlights the key factors that are expected to be the most significant for achieving success in the market over the short term and the long term.

"In an era where data is the new currency, this IDC MarketScape unveils how leveraging analytics, machine learning, and AI can revolutionize finance and accounting services. As CFOs and finance leaders increasingly prioritize cognitive platforms, this assessment guides through the transformative potential of outsourcing finance analytics to third-party providers to benefit from skilled resources, industry expertise, and advanced solutions and in-depth insights into operations. Discover how embracing intelligent operations and technology optimization can not only enhance core metrics but also pave the way for commercial success in the digital world," says Ali Close, research manager of IDC's Intelligent Finance and Customer Care Business Process Services program.



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