Gemma Foxall – Day in The Life
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Today, we’re very pleased to share that NexBotix has been mentioned in the 2020 Gartner Competitive Landscape: Hyperautomation Service Providers report.
Finance and accounting teams are at the heart of all organisations. Managing revenue, third-party procurement, billing, supplier invoices, all while overseeing financial strategy and planning, mitigating risks and costs, and capitalising on new opportunities. Finance teams need to maintain high-performance levels, with minimal errors whilst pushing a business forward, which is why automation is becoming a popular choice among finance leaders looking to stay ahead of their competition.
Automation is an essential step in the evolution of the modern finance function. This has become even clearer during the COVID-19 crisis, which exposed shortcomings in finance processes and systems. As businesses seek to rebound from the global pandemic, automation will change the way organisations operate forever.
Often regarded as a catalyst for change within an organisation, CFOs spearhead conversations about new innovations to drive overall business improvements both within and outside the finance function. With the ever-expanding list of responsibilities assigned to the CFO and a range of business-critical goals to achieve, what role can automation play in helping finance leaders deliver more value to an organisation?
Are you struggling to make sense of the endless acronyms used within automation solutions? Take a look at our latest blog post covering the most frequently used automation acronyms and what they mean for you.
We have spent the last few months carrying out extensive research into finance teams and processes, to understand which processes within a finance function could deliver the most value if they were automated. We now plan to develop our finance use-cases in line with our findings. Based on our research, here are the shortlisted 4 finance processes that we believe will have the most impact.