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How Data Guides A New Era For The ERP

PYMNTS

“Native ERP reporting typically isn’t optimized to handle the structure of financial data, or many of the complex requirements like granular data, drill-downs, automated reconciliation and comparative reporting,” he said.

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Mid-Year Update on Key Trends to Watch

Bramasol

For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.

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Need For Excel Skills Falling By The Wayside, CFOs Say

PYMNTS

“Spreadsheet” can be a four-letter word in corporate finance, but analysts say professionals continue to rely on the manual tool for everything from reconciliation to payroll. We’ve seen CFOs increasingly take on the role of chief data officers in their organizations,” said Adaptive Insights CFO Jim Johnson in a statement. “At

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Manual Expense Management Tools See Slight Decline

PYMNTS

The latest data on corporate travel and expense management trends was released today (Feb. The company analyzed data from its clients and found new patterns in how companies manage expenses incurred while employees travel. 9) as T&E firm Certify published its newest report.

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How Back-Office FinTech Boosts Spas’ Recurring Revenue Opportunity

PYMNTS

However, a better customer experience — and a higher chance of a recurring client — involves more than analyzing such trends. After all, it’s one thing to analyze data to understand which products and services generate the most revenue. Inventory management is another component of supporting the customer experience.

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Four Techniques Companies Use To Advance In Today’s New Economic Environment

The Finance Weekly

Organizations may , eliminate many of the manual processes that stymie a company's ability to accomplish a speedy financial closure by employing AI and machine learning to automate financial close processes including account reconciliation and reporting. Use intelligent process automation to your advantage.

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Pulling Accountants Into The Corporate Payments Innovation Fold

PYMNTS

That’s because initiating a transaction isn’t just about moving and analyzing data. Addressing business payments friction means being able to tackle challenges like fraud and reconciliation while also supporting corporates’ need for choice in the payment rails they use to send and receive funds. A Game of Scale.