This site is part of the Informa Connect Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Industry-specific guidance, benchmarking on standards and practical expertise to minimize uncertainty and drive corporate growth.

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

Download nowget_app

Share this article

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

Share this article