Financial digital transformation requires significant effort and planning, and many failures are due to poor organization and unclear goals. Strong leadership, clear strategies, and a focus on foundational elements are crucial for success.

IDC’s research found that approximately 70% of companies fail at transformation: either because they didn’t finish or they are disappointed with the outcome. Finance leaders’ biggest challenges are working on digital transformation while still performing job duties.

What can you do to avoid these pitfalls in finance digital transformation? Trintech partnered with IDC, a premier market intelligence firm, to create this report outlining the common struggles CFOs face with finance digital transformation and tips to ensure successful change management processes for the future.