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5 Best Areas for Automation in Finance

Automation Anywhere

Regardless of the industry, company size, or geography, every organization’s finance processes have a lot in common. Every company is responsible for ensuring the integrity of the financial reports, managing cash flow, and performing other basic finance functions to remain in business.

Finance 145
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How Digital Transformation Is Ushering In A New Era For Banking & Finance?

31 West

With some embracing the idea of outsourced IT help desk Services to third parties, it comes as no surprise that the banking and finance sector embrace the digital transformation. On that note, here’s a full rundown of the impact of digital transformation on the banking and finance industry. What is Digital Transformation?

Banking 130
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Automating the Deal Cycle: Intelligent Automation Powering Private Equity Growth

Zinnov

As the Intelligent Automation (IA) sector experiences rapid growth, the Private Equity (PE) landscape is ripe for investment, offering a unique blend of technological innovation and market potential. VCs have benefited from investing in Intelligent Automation due to its value delivery through technological innovation.

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Mastering the Numbers Game: RPA's Impact on Finance and Accounting

V-Soft Consulting

Robotic process automation (RPA) has emerged as a crucial tool in the finance and accounting sector, playing a strategic role in streamlining operations. Enterprises across industries have recognized the benefits of automating various processes and tasks.

Finance 98
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Transform FP&A with Artificial Intelligence: How Finance Leaders Benefit from AI

Perficient Digital Transformation

One of the areas where AI can have a significant impact is financial planning and analysis (FP&A), a core function of the finance department that involves forecasting, budgeting, reporting, and decision support. One of the key challenges that finance leaders face when adopting AI is the lack of technical skills and knowledge.

Finance 52
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Hackett Research: Inflation, Geopolitical Unrest, Other Factors Drive Up Operational Costs of Finance for the First Time in Decades

The Hackett Group

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

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Hackett: Finance Leaders See Cost Containment and Cash Flow Optimization as Top Priorities for 2024

The Hackett Group

Finance leaders will also need to do more with less operationally in 2024 because they expect to see a 5% increase in finance workloads and a slight decrease in staffing and operating budget, The Hackett Group ® found. Digital transformation remains a top five priority for finance in 2024, the research found. NASDAQ: HCKT).

Finance 59