Automation in finance is not only a means to increase short-term administrative productivity - it has the potential to improve your long-term control. Better control means increased analytics capabilities and fewer errors. You should start with your dataflow.
Most people are familiar with the idea of automation. If you work in a finance department, you’ve likely thought of how automation can increase your efficiency. Keeping your business operating efficiently is key to maintaining a budget as your business expands. But with low-quality data, you won't get far.
When it comes to saving your business’s costs and improving its efficiency, one of the most promising routes for finance teams is automation. You’ve likely heard about the massive improvements in automation technologies over the past few years alone.
Improving efficiency should be your top priority when it comes to expanding your business. While inefficient workarounds can work for a smaller business, inefficiencies will stack up if left unfixed, leading to bloated costs in the long run.
Qvalia has been announced as one of the winners of the 2020 Red Herring Top 100 Europe Awards. Started in 1996, Red Herring enlists promising companies and entrepreneurs, and the Top 100 Awards are recognized as one of the industry’s most prestigious.
The European Union has initiated several projects to support the digitization of business and administrative processes among Europe’s companies and public sector entities.
How to turn your ideas and objectives in finance transformation into practice? How to reach increased automation in your finance process - across the organization? Our new ebook provides practical guidance.