Digital transformation
CFO and digital business transformation. Will it work?
by Przemysław Fura
January 20 2020
3 min
Reading Time: 3 minutes

Finance departments are not only the object of digitalization, but often its initiator. CFOs are increasingly expected to be leaders in technological development. To carry out changes, they need tools and... a qualified team. This support is provided by self-service business applications. See why digital transformation without programmers is possible!

Digital transformation of business without IT

Digitization of enterprises is not only a technology that allows you to process larger amounts of data faster or automate tasks, but also the knowledge of how to analyze information and the ability to draw the right conclusions. Therefore, CFOs need not only tools to digitize processes, but also a team ready to take on new challenges and develop their capabilities. In the era programmers deficit, time-consuming and expensive implementations of advanced systems, no-code technology and platforms that use it to build business applications come to the rescue. No-code is a fully self-service technology for people without technical skills. It allows employees to create systems from ready-made components: modules, widgets, templates, etc. Applications allow people who know them best to automate processes in a short time, without the need to engage programmers. Applications take over the handling of repetitive, time-consuming tasks, freeing up employees' time for more valuable tasks. In such conditions, they can engage in solving complex problems, creative tasks, creating innovative products and services - things in which robots cannot replace us. Independence from IT means that the digital transformation of enterprises can be much faster and more efficient, and with much less financial resources. And your employees gain new competences, thanks to which they can perform their tasks more efficiently and effectively in the digital reality.

Finance automation

But more to the point, what exactly can applications do in the enterprise? Let's show this with the example of the finance department. Up to 30% of financial specialists' working time is spent correcting and checking documentation and re-creating settlements and reports, i.e. activities that can be automated in the first place. So if you're fed up with:

  • lack of full process control,
  • waiting for reports and selecting data,
  • independent merging of data from multiple files,
  • lack of knowledge about activities at individual stages,
  • signing stacks of documents,
  • time-consuming and complicated reports,
  • billing errors and fraud…

...it's time to replace spreadsheets or the current system with a financial application! You can replace all manual tasks, paper applications, filling out forms, transcribing, compiling and sending data, creating statements and settlements in spreadsheets with a simple application. One for all processes and tasks! Qalcwise applications will allow you, among others:

  • manage the budget of the entire company and individual departments and monitor its implementation,
  • manage projects and investment expenses,
  • forecast and settle sales,
  • manage the circulation and repository of invoices,
  • settle and monitor business expenses and business trips,
  • create service valuations and price simulations,
  • manage bonuses and commissions,
  • monitor data in real time,
  • create analyzes and reports “on demand”.

By automating such activities, we not only ensure faster and more efficient service, but also minimize the number of mistakes and abuses. Financial Directors gain full transparency of processes, better control, greater security and... thanks to Qalcwise, they can include additional departments in the digital ecosystem.

One platform for all

Within one Qalcwise platform, you can automate and integrate all processes in the organization: HR, administration, sales, marketing, operations, logistics, etc. Applications allow you to automate any process in the company, maintaining its specificity and at the same time increasing accuracy. In Qalcwise you can:

  • define any tasks and goals,
  • build any form,
  • design the perfect workflow,
  • assign roles, tasks and permissions to users,
  • connect forms to any database,
  • communicate decisions and set alerts,
  • integrate the application with an external system,
  • do it all on any mobile device!

No other software on the market enables such comprehensive, advanced, and at the same time easy to implement and use automation. Qalcwise allows companies to digitize their processes painlessly and without the involvement of IT. So the answer to the question in the title is: Yes, CFOs can be the fathers of digitalization success! Digital transformation without IT is possible.    

Don't understand everything yet? Black magic? You will learn about the no-code solution and how to create a simple application or even a serious business solution without using code here.

You can also try our platform for free (no credit card required) and if you would like to find out whether our solutions will adapt to your company, we invite you to schedule a demo.

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