State & Local Analysis
SEE Companies Modernize Finance Systems
March 16, 2026
South-East European companies are actively modernizing their finance functions by integrating AI and ERP systems, as revealed in PwC's 3rd SEE CFO Compass Survey. Despite rapid adoption, significant trust gaps persist in data integrity, cybersecurity, and workforce readiness. Finance leaders in the region are shifting from relying on monolithic ERP systems to adopting integrated, fit-for-purpose technology ecosystems. Upskilling finance teams to confidently use automation and digital tools has become a top priority to ensure trustworthy and resilient finance operations amid evolving regulations and technological changes.
- Procurement professionals should note the growing demand for modular, interoperable finance and ERP solutions tailored to dynamic regulatory environments in SEE.
- Contractors offering AI-enabled finance platforms and cybersecurity services may find increased opportunities as organizations prioritize data integrity and secure system integration.
- Workforce development and training services focused on digital finance tools represent a critical area for vendor engagement.
- This trend indicates a move away from single-vendor ERP contracts toward multi-solution ecosystems, affecting procurement strategies and contract structuring in the region.
One message stood out in this yearsurvey: the biggest barrier to transformation isnt technologyits people. Upskilling teams to work confidently with automation and digital tools has become the top priority. ERP modernisation also remains critical, but the mindset in SEE is shifting. Instead of relying on a single system, organisations are now embracing combinations of fitforpurpose, stateoftheart solutions.
— Stefan Milenkov, Senior Manager, Capital Markets & Accounting Advisory Services, Finance Function Transformations
Today, the question for finance leaders is no longer just how to move faster, but how to ensure that people trust the ground theyre building on. In a region where tax rules shift between fiscal years and businesses are replacing ERP systems with fit-for-purpose platforms, speed alone is no longer a competitive advantage. The real differentiator is integrity at speed.
— Petko Petkov, Partner, SEE Risk Assurance Services Lead, CEE Digital Identity Lead
Locations
Sources
- Beyond ERP: Fostering trust in data, systems, and processes · PwC · Mar 16