Trintech’s Annual Global Benchmark Report
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of respondents noted that meeting deadlines and time pressures is the biggest challenge facing their organization’s financial close process today.
of organizations want to reduce their days to close
state that an improved speed of the financial close is the most important factor to build the business case for automation.
of respondents reported that they do not have “established” automation in place today – they are still in “basic” or “developing” stages.
The Office of Finance has evolved over the last couple of years as digitization and the automation of manual work, in areas like the financial close process, have taken center stage – reinforcing that as times change, finance teams must adapt, to not only stay competitive in the market but to get the actual work done in a timely manner, as well.
Trintech recently conducted a survey of 160+ finance professionals around the globe, including organizations from mid-market to large enterprise, across multiple industries and job titles. Results from Trintech’s most recent annual Global Financial Close Benchmark Report show that attracting and retaining talent will be the biggest challenge organizations will face over the next 12 months, followed by the need to provide real-time, business-critical insights.
Download the report to see where your organization measures up against others in automation adoption maturity levels. Plus get recommendations on how to move forward with six steps to accelerate your automation strategy.