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Challenges and opportunities in the automation of accounts payables

Future CFO

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. The AP function in a multi-million dollar SAP solution is still a very manual process.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Being able to transmit this type of data via blockchain would make B2B processes like invoice processing and payments far quicker, the company explained.

SAP 57
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The enduring use of spreadsheets in finance

Future CFO

Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity. It’s more than just streamlining financial processes and cash management, it’s seeing the bigger picture of how it can generate growth,” says Jenji’s Leong. Mark Wilfred.

Finance 98