Digital
Pulse on Progress Report: Digital transformation within life sciences finance and accounting
![](https://knect365.imgix.net/uploads/9856c559-6c2d-4c88-a3af-2ea79eb449d0-featured-165a9410a0d74349ab583d897aa53477.png?auto=format&fit=max)
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