The economic challenges of the past few years have led to a rise in automation and digital payments in finance departments. For some, they have served as a catalyst to overhaul outdated practices and make efficiency gains. Staffing shortages, tight budgets, and demand for greater cash flow have forced teams to become more agile and digital in their approach to finance management.
In a PYMNTS survey of 400 CFOs, it was found that 93% of firms are in the process of digitizing their AP and AR operations. 96% of these CFOs view their investments as vital to improving vendor and customer relationships–rather than just increasing task accuracy and efficiency.
Optimizing your financial functions for the future of work may seem daunting. Whether you are a CFO interested in financial analytics and reporting, or an accounting clerk processing payments and chasing collections–you want to use systems that boost productivity from anywhere.
Download this white paper to discover:
- Key challenges for AP and AR team today
- What opportunities your organization has in automation
- Why finance automation is a top priority for finance leaders in 2025
- What the future holds in the world of finance with digital transformation
