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Finance & Accounting, Life Sciences

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

Posted by on 27 July 2021
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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
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