Automation: The Solution to Efficient Financial Management

Today's business environment calls for greater efficiencies in the distribution of financial data and the completion of financial processes, along with a reduction in time and resources necessary to complete these tasks.

Top performers modernize financial processes via automation, excel in intradepartmental collaboration, and consistently identify the appropriate solutions to support these initiatives. This report will detail what solutions Best-in-Class financial organizations adopt, as well as underscore the benefits resulting from their usage.

• 35% of all respondents identified "demand for expedited financial information delivery" as a top pressure.
  
• 41% of all respondents identify "Automation" as a key step to improving financial management.
• Top Financial Management organizations are 108% more likely to utilize Automated Revenue Recognition.
• Best-in-Class organizations are 114% more likely to utilize Automated Verification of Tax Accuracy.