AI helps finance teams to work smarter

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ALNET Technologies News

Gary Govender,AI,Finance Teams

Cross-functional collaboration enables finance teams to leverage the expertise and insights of other departments, says Gary Govender, strategic business development manager at ALNET Technologies.

Issued by Blain Communications for Alnet TechnologiesGary Govender, Strategic Business Development Manager, ALNET Technologies.

Gary Govender, Strategic Business Development Manager at ALNET Technologies, highlights the pivotal role of financial teams in the success of any business. “They can significantly influence an organisation’s outcomes, either positively or negatively. A siloed approach where finance professionals work cut off from the rest of the business is an outdated practice. Close collaboration with other departments is essential.

Govender notes finance teams should be able to accomplish more in less time. “Having the wrong financial software puts your finance team at an incredible disadvantage. Many organisations delay transitioning from basic start-up software to enterprise solutions. This in turn blocks the ability to gain a holistic view of the company’s financials. This results in longer wait times and access to the crucial information needed to make important business decisions.

 

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