In recent years, e-commerce has become an essential aspect of the global retail industry, as buying and selling goods has experienced a significant transformation. With the widespread digitalization of modern life, consumers across the world are now enjoying the advantages of online transactions. The number of people making purchases online continues to rise due to the rapid increase in global internet access and adoption, with more than five billion internet users worldwide (over 64% of the world’s total population.)
Even with e-commerce sales skyrocketing, up to 20% of consumers who return an online purchase in-store make an additional purchase, meaning that retail organizations need to invest in both in-person and online shopping experiences. And to support that effort, the Office of the CFO needs to be prepared.
This eBook explores:
Discover what retail and e-commerce finance and accounting teams could be doing with financial close management software solutions to streamline their workflow and automate their processes related to transaction matching and the period-end financial close.
