March 2019 — Organizations of all types and sizes are turning to technology to automate financial management and other information-intensive work. Today we are able to automate tasks that we couldn’t even imagine doing just a decade ago. And, while finance departments have often been one of the last to...
January 2019 — At the beginning of the year many finance professionals are faced with the pressures of year-end closing as well as the need to prepare financial statements. But, the new year also presents an opportunity to improve financial operations in order to gain greater efficiencies, accuracy and cost...
August 2018 — When we think about the financial management industry, change isn’t something that typically comes to mind. Instead we think of it as an industry where plans are considered very carefully, well-tested procedures are cherished – sometimes for too long – and change often comes reluctantly and slowly.
May 2018 — The good news is that modern information systems and Robotic Process Automation (RPA) enable higher levels of financial management automation, resulting in better quality and faster throughput, as well as the elimination of manual tasks. They free up workers’ time, so they can focus on tasks that...
February 2018 — Finance teams mostly focus their development efforts on the tasks and processes they themselves spend most time on. These tasks are being automated and many are now beginning to be performed by software robotics.
February 2018 — Most development of financial management focuses on increasing automation. We are looking for ways an application or robot can perform routine tasks for us. However, before trying to automate everything in sight, we should stop and think why a task is being performed in the first place. If you look...
November 2017 — Over the last couple of years, RPA (Robotic Process Automation) has gained increasing attention in the business world. Companies offering financial management software and consulting are focusing on RPA’s capabilities and how it can make business processes more efficient. Surrounded by these...
November 2021 — Machine learning is a powerful type of artificial intelligence (AI) that relies on algorithms and patterns in data to optimize and improve outcomes.
October 2020 — Your organization's accounts payable department is a manifestation of your financial dexterity. When AP flows like water, your procure-to-pay stands...
June 2022 — *UPDATED June 2022* In 2021 Microsoft made a set of invoice automation capabilities in its standard Dynamics 365 Finance product. These new features...
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