Implementing financial process automation enables Offices of Finance to produce timely, accurate financial data.
Based on our 2021 Global Benchmark Report that surveyed 476 financial professionals across 430 organizations, only 16% of professionals have established automation and 6% reported having advanced automation in their financial close. The remaining 78% that have basic to no automation in place for their financial close have many opportunities for process automation. Accountants around all sectors of the industry are constantly seeking ways to speed up account reconciliations while still producing accurate and reliable results.
Having mature automation in place can:
- Help finance teams provide faster, more accurate, and more transparent reporting
- Instill confidence in finance and accounting professionals, customers, and investors
- Allow time for identifying new growth opportunities, such as making acquisitions or divestitures
Download this infographic to discover the results of our global survey and apply automation to your financial close.Download File