Automation
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McKinsey & Company reported that 42% of Finance activities can be fully automated with today’s technologies. An additional 19% can be partially automated.
Robotic process automation (RPA) frees corporate finance from manual tasks and time-intensive workflows. It can take over tasks like data extraction, form filling and file movement. It can streamline workflows like reconciliations, revenue and expense reporting, and regulatory compliance.
Automation makes processes fast, reliable and scalable. Productivity and accuracy increase, costs go down, and quarterly, seasonal and annual work surges are easily accommodated. Finance is able to work smarter, devoting its resources and energy to more strategic business pursuits.
Spotlight
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