The Finance Automation Journey

Technology is changing the way business is done all around us, and companies are constantly expected to do more with less. By automating finance and leveraging the power of data, organizations can unlock competitive advantages while building a culture of continuous improvement.

Why are some organizations accelerating while you seem stuck in city traffic? Find out with this guide to getting in the fast lane.

Download your complimentary copy today to begin your finance automation journey, and discover:

  • Why automation is no longer an option, but a necessity
  • The risk involved with the way it’s always been done
  • The top inhibitor of the financial close – and how to eliminate it
  • How to unlock real-time intelligence and master the variety and volume of financial data
  • How automation frees accountants to be exceptional
  • Where to start: the six steps to Finance Automation

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The Blueprint for Continuous Accounting

To meet mounting demands, Finance is shifting from traditional, rigid, and manual accounting processes to more automated, flexible, and agile operations. This shift is essential because it provides the productivity benefits that free organizations to deepen their focus on analyzing and reporting financial performance.

Yet nearly 70% of respondents in a recent survey by The Hackett Group report that manual processes are still the biggest bottleneck in financial close and accounting operations, with most of these processes completed with extreme resource requirements at the end of every accounting period. It’s no surprise that more than half of Finance executives report being frustrated by spending too much time on nonstrategic work. They are awash in transactional activity and two-thirds say they don’t have time for process improvement.

Continuous Accounting profoundly alters these experiences. Thanks to the automation of traditional accounting tasks like journal entries, variance analysis, account reconciliations, and intercompany transactions, the period-end tasks and controls that are traditionally performed at the end of the accounting cycle are executed as the days go by, in the cloud.

To learn how to build for your future through this new approach, download “The Blueprint for Continuous Accounting”.

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How AP Departments Reduce Costs, Earn Rebates, and Boost Efficiency with Payment Networks

Discover how 3 organizations use the Paymode-X payment network to elevate efficiency and improve the bottom line.

Read the case study eBook to learn how:

  • A manufacturing company overcame its ERP integration and remittance delivery challenges to scale payment automation in response to growth demands
  • A hospital finance team got out from under its pile of paper checks—and improved vendor relations
  • A healthcare management company with 44 properties and 95 bank accounts reduced complexity and cut costs by more than $75,000

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