Pulse on Progress Report: Digital transformation within life sciences finance and accounting

At the Accounting & Reporting Virtual Congress (March 2021), over 100 life science companies and their finance and accounting teams were polled on a range of key questions related to digital transformation. The results form the 2021 benchmarking report - explore all the data by downloading the PDF using the Download Now button above.

Key Takeaways

• 47% say that supporting organizational growth has been the finance function’s top priority over the recent 18 months
• 34% of companies are currently using AI and 21% are using AI for discovery
• 92% think that digitalization is is increasing 'a lot' or 'somewhat' in the biopharma industry due to the COVID pandemic