Innovations in technology are making deeper inroads into every aspect of financial planning. As the need for accurate and smart financial planning services has heightened, CFOs are leveraging emerging technologies to streamline daily workflows and improve business processes.
According to ResearchAndMarkets.com, the financial planning software market size, valued at $3.7 billion in 2021, is estimated to grow to $16.9 billion by 2031, at a CAGR of 16.6 percent.
What powers this stellar growth is a gamut of tech trends sweeping across the arena.
As a predictive planning technology, AI is positively transforming the office of finance. Financial planning professionals are leveraging AI and advanced analytics to glean critical insights to make data-driven investment decisions. Robust capabilities of predictive analytics are facilitating a culture of decisiveness and confidence in financial planning teams so that they can offer enhanced service to investors.
Finance professionals are also using advanced tech services to determine which geopolitical scenarios could impact their business activities, customers, and revenue and build these scenarios into their planning process.
This edition of Financial Services Review delivers a comprehensive view of the recent developments in the financial planning arena and insights into how businesses are aligning with these latest trends to transform legacy practices and improve outcomes.
We have curated thought leadership articles from industry experts, such as the Vice President of Finance, Wakefield & Associates and Sr. Vice President at First National Bank of Omaha. We also took a deep dive into the market trends to narrow down the list of companies delivering tech-driven financial planning services. Equipped with innovative technological capabilities, companies such as Five Star Financial Resources help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Financial Services Review on financial planning services helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts!
