Automation is at the heart of digital transformation, and the finance function is ripe for automating processes like planning and budgeting, treasury management and source to pay. Finding the right solution to meet all your finance process and automation needs can be a challenge, as there is an overwhelming number of options on the market with multiple, often overlapping capabilities. The key is to take a comprehensive, step-by-step approach to selecting the right solution.
To start, uncover where your finance and accounting team’s most manual functions may fall short and recognize where you need to improve.
Automation may be right for your business if:
- You still use spreadsheets to manage finance instead of newer, more robust technology.
- Your auditors identified financial statement adjustments or internal control deficiencies.
- Your system doesn’t scale as your organization grows.
- You struggle with finding and training new employees.
- People in your organization lack visibility into financial data they need to make insight-driven decisions.
