Finance leaders plan to invest in 'finance solutions'

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 61%

United States News News

Half of finance leaders never get around to advising on strategic decisions due to the burden of administrative tasks, according to research by MHR International. 98% of respondents said they plan to invest in a finance solution within the next two years.

The survey of 250 finance leaders found that 98% of respondents plan to invest in a finance solution within the next two years.

Over a quarter of finance leaders surveyed consider human error to be the biggest risk within finance, while over 34% consider unsaved spreadsheets and lost documents as the biggest risk. "While many organisations have finance solutions in place, they may not be utilising them for optimum business performance or they may not be the right fit for the business," said Eamon Rheinisch, General Manager of MHR Ireland.

The research shows that organisations that have finance solutions in place have freed up more time to focus on other tasks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance expert Eoin McGee explains how our spending mirrors that of our parentsThe host of RTE’s How To Be Good With Money says how we act with cash is normally either exactly the same, or the direct opposite, of our parents.
Source: IrishMirror - 🏆 4. / 98 Read more »

No electric aircraft plans for Irish airlines | Business PostRivals such as easyJet and United Airlines are investing in the technology
Source: businessposthq - 🏆 8. / 71 Read more »

Start your business on a sustainability, carbon and cost saving journeySSE Airtricity partners with businesses to reduce emissions with a wide range of green energy solutions on offer – and you can sign up online
Source: IrishTimes - 🏆 3. / 98 Read more »