Thus, in the long run the crowded fintech battlefield is likely to see significant consolidation through mergers and acquisitions, similar to yesteryears’ dotcom revolution. In the short run, the upstarts will have a field day challenging the dominance of traditional ERP systems that are inflexible, cumbersome, and require expensive customizations. The finance function of tomorrow will be the ultimate winner, enjoying a broad portfolio of tailored solutions as a result of greater collaboration and innovation.
In sum, Finance.NXT will operate in a radically transformed financial systems landscape. Read our whitepapers to discover more about finance that is building back nimbler.