Experts at Gartner, a leading provider of information technology research and consulting services, estimate that the CFO of the future will spend the majority of their budget on artificial intelligence . Smart technology can help them to optimise their departments by removing inefficiencies such as disconnected data and time-consuming processes.
Finance departments frequently disagree on how to collaborate with business leaders outside their ranks. Unconnected data is a major problem, and cost management and reduction are constant concerns. The month-end close process takes an average of up to 20 days for most firms. Automation and efficiency-improving initiatives may be able to help reduce this processing time...