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Business workflow automation: What are companies’ priorities?

Future CFO

Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. Survey highlights. Survey highlights.

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Capitalising on the Fintech apps in APAC

Future CFO

This trend is driven by the need for real-time data analysis and insights to make informed business decisions. Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

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How Inefficient B2B Payments Systems Hobble Business Growth

PYMNTS

Corcentric President and COO Matt Clark explained that failing to transform financial functions, like accounts payable (AP) and accounts receivable (AR), can actually stall businesses’ expansion efforts. Revenue generated from virtual card rebates, for example, can finance investments in automated AP and AR technologies.

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Financial Metric Madness: How SMBs Can Set Meaningful KPIs for Their Business as Part of Their Financial Reporting and Analysis Process

Centage

Some of the most common KPIs used for SMBs include operating cash flow, gross profit margin, revenue growth rate, market share, customer churn rate, break-even markers, accounts payable and receivable timelines, expense ratio, budget versus actual, and customer acquisition cost.

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What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

Complete data analysis (DA). A deep understanding of critical business functions and value drivers: Cultivating such an understanding involves investment in further education and training (advanced degrees, financial, operational, and technological certifications, etc.). Automation of previously manual tasks.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

The company saw Bessemer Venture Partners lead the investment, while US Venture Partners, Costonoa Ventures, PeakSpan Capital, Hyde Park Angels and OurCrowd also participated, according to reports. Its platform provides proprietary cyber-risk analysis technology to corporate customers. Back-Office. ServiceTitan.

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10 Tips CFOs Can Use to Put AI in Finance to Work Today

Planful

Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth. For many CFOs, the thought of outsourcing data analysis to AI is a nonstarter. 1 – Move your data to the cloud.