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.
00:09 – Two finance functions that automation serves are tax and accounts payable.
00:29 – Tax calculation on invoices is a highly repetitive process. So, automation capabilities can determine sales tax or VAT calculations.
00:43 – Accounts payable processes, such as investments, can benefit from automation as well. Over the past couple of years, portals have allowed suppliers to sell products through an automated process. They use automation for the payment process as well.