The digital transformation of corporate finance has found a compelling advocate in Jaimie Lowe, Tyson Foods’ Senior Vice President for Enterprise Corporate Finance and Development. Drawing from her extensive 25-year career, Lowe outlines how digital technologies are revolutionizing financial operations.
Digitalization’s impact manifests in three critical areas: automation of manual processes, enhanced data processing capabilities, and advanced analytics. The shift from manual to digital operations has eliminated error-prone data entry, while automated systems now handle larger transaction volumes with real-time data access. Big data analytics have strengthened predictive modeling, benefiting investment decisions and regulatory compliance.
Jaimie Lowe identifies AI and cloud-based embedded finance as transformative technologies. According to Gartner’s research, AI adoption among companies reached 58% in 2024, up 21 percentage points from 2023. Despite implementation challenges, particularly in finding skilled technical staff, AI enables sophisticated process automation and analytics.
Cloud-based embedded finance integrates financial services into non-financial platforms, streamlining transactions and opening new revenue streams. Lowe emphasizes that while digital transformation requires significant investment, the competitive advantages and operational efficiencies deliver substantial long-term returns.
The finance sector’s digital evolution continues to accelerate. Gartner’s 2024 survey reveals that half of companies need to start using AI plan near-term implementation. As Jaimie Lowe notes, this transformation extends beyond automation to encompass comprehensive operational enhancement, positioning adopters for success in the global market.
Though some organizations remain hesitant about technology investments, Lowe advocates embracing digital transformation, viewing it as essential for maintaining competitive edge and operational efficiency in modern finance.