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Three Processes Ready for Automation in Finance

This is part one of our Finance Process Automation blog series, in which we will examine three finance processes that are ripe for automation: Procure-to-Pay; Order-to-Cash; Record-to-Report Procure-to-Pay Procure-to-pay – which links procurement and supplier management to the broader finance function – is probably not the most exciting item on your company’s agenda. But what […]

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The case for increased automation of the finance function

Whichever way you look at it, automation has become a feature of the finance function – a very positive one at that. In 2014 research from McKinsey Global Institute estimated that activities comprising 34% of a financial manager’s time could be automated by adapting current technologies, freeing up finance professionals for more strategic activities. Executives sat up and listened. […]

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How CFOs are successfully using finance automation to achieve tangible results

Michael Brink explains how finance professionals can benefit from automating their financial close.Financial close automation is defined as the improvement of financial processes and controls across all aspects of finance. It serves to automate and enhance management process controls and analytics for all finance processes, thereby enabling finance to increase efficiencies and effectiveness.The finance office […]

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The One-Day-Close: Automating Finance to Drive the Cost Agenda

When it comes to business financials, almost all modern-day organisations appreciate the deep value of achieving the illusive one-day-close. However, despite the myriad of technological solutions available, many organisations still struggle to consolidate financials effectively within a day or less. As the business world rapidly evolves into an increasingly virtual sphere, it is imperative that […]

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