You’re watching a top moment from the Automating Finance Battleground which premiered in October 2021. As part of the Future Office of the CFO program, the Automating Finance Battleground brought together top analysts, finance leaders, and technology experts for a digital event covering automation strategies to streamline the finance department.
00:08 – There are three main benefits of automation:
- For employees, it eliminates tedious tasks by automating routine work.
- It improves business relationships.
- Automation helps support financial functions and enhance business operations.
00:14 – When implementing automation, employees benefit because the time-intense manual tasks can be automated. This enables employees to focus on other tasks, increasing productivity.
00:41 – Automation can improve business relationships with customers, vendors, suppliers, and counterparties. For example, it helps businesses share information, turn around requests, and respond faster with increased accuracy.
01:08 – While finance supports the business in many aspects, automation further boosts the support for the whole business.