Welcome to the
AI governance is paramount for finance professionals in corporations due to the significant impact of AI on financial decision-making, risk management, and regulatory compliance. Download the eBook to learn more about AI governance for finance.
Finance teams are finally embracing digital, but they must not be complacent about the risks associated with transformation. However, such transformations must be supported by vigilant cybersecurity processes. Download the eBook to learn more.
Conducted annually since 2020, Auditoria.AI surveyed 250+ finance professionals, from Chief Financial Officers to finance specialists, who responded to 25 questions on the State of Automation in the Finance Office. This report shares the highlights and interesting findings of the survey results.
Some of our key findings include:
Hundreds of accounting and finance professionals helped create the most comprehensive survey of finance-office automation which highlights the need for finance teams to embrace automation, similar to a high-performance race car that relies on the latest technological advancements to win.
Some of our key findings include:
Hundreds of accounting and finance professionals helped create the most comprehensive survey of back-office automation.
More than 500 accounting and finance professionals helped create the most comprehensive survey of back-office automation to date.
Hundreds of accounting and finance professionals helped create the most comprehensive survey of back-office automation to date.
Automation.
We recently surveyed more than 500 finance professionals to find out exactly that. Our report takes a deep dive into the responses collected from the corporate finance office, including the tasks that take up the majority of a finance professional’s time, the top challenges within the finance office, and the current and future state of automation in finance.
Our third-annual Automation in the Back Office report shows that automation is here to stay. Automation is no longer a “nice to have,” and corporate finance must step up to embrace automation or risk getting left behind, or worse, becoming even more overwhelmed and overworked resulting in burnout, turnover, and greater risk for the organization.
While the COVID-19 pandemic is almost in the rear view, the ripple effects will reverberate for years to come. Remote working and off-site conditions helped highlight the significant need to embrace the digitization of processes across the enterprise.
The “new normal” spotlighted one major department in need of automation: the corporate finance back office. As a result, we recently surveyed more than 500 finance professionals to understand automation in the back office.
Intelligent Automation enables businesses to automate a far-ranging set of workforce processes quickly, accurately, and efficiently.
Intelligent Automation encompasses a set of techniques that span from augmenting humans in correspondence automation, automating repetitive tasks and processes, and delivering predictive insights that can elevate critical performance indicators and accelerate decision making.
Intelligent automation represents the overall umbrella of technologies that enable the transformation and automation of business processes by leveraging any combination of software robotics, cloud, artificial intelligence, and smart machines.
It comprises basic robotic process automation and cognitive automation and is enabled by rules-based macros, artificial intelligence, and natural language processing.
Intelligent Automation enables businesses to automate a far-ranging set of workforce processes quickly, accurately, and efficiently.
Intelligent Automation encompasses a set of techniques that span from augmenting humans in correspondence automation, automating repetitive tasks and processes, and delivering predictive insights that can elevate critical performance indicators and accelerate decision making.
Intelligent automation represents the overall umbrella of technologies that enable the transformation and automation of business processes by leveraging any combination of software robotics, cloud, artificial intelligence, and smart machines.
It comprises basic robotic process automation and cognitive automation and is enabled by rules-based macros, artificial intelligence, and natural language processing.
Enhance your Workday Financial Management system with intelligent applications to boost precision, effectiveness, and decision-making prowess.
Intelligent apps leverage generative artificial intelligence and machine learning to superpower outreach, data extraction, and mailbox management. Set up and maintenance is effortless with a “no code / low code” approach and business-led administration.
Only a fraction of back-office processes are currently automated, and that includes the most manual tasks of all — accounts payable and accounts receivable.
AI-powered automation transforms the finance back office, allows CFOs to harness financial data to work smarter, and enables business continuity and resiliency.
Innovative tools such as AI and machine learning are helping organizations streamline their core finance functions and strategically modify their forecasts.
By following the eight steps in this checklist, businesses can determine the missing pieces in their finance systems and begin the journey of modernizing their finance operations.
Finance and technology visionaries, investors, and early adopters of A.I. preview what the future holds for the autonomous enterprise.
Length: 3:26
Find our how Auditoria.AI is helping finance teams become more efficient, faster, and smarter than ever before in this short two minute video.
Length: 2:00
https://www.auditoria.ai/wp-content/uploads/Featured-Images-for-Auditoria-Guardian-Solution-Briefs.png
608
470
Elaine Nowak
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Elaine Nowak2024-11-04 09:16:422024-11-04 12:59:23Solutions Brief: Auditoria Guardian
https://www.auditoria.ai/wp-content/uploads/AR-Remittances-Featured-Image-1.png
608
470
Elaine Nowak
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Elaine Nowak2024-04-19 12:06:212024-10-17 06:43:13Solutions Brief: AR Remittances
https://www.auditoria.ai/wp-content/uploads/AP-and-AR-Automation-Overview-Featured-Image-1.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-11-18 12:00:312024-04-24 09:24:54Solutions Brief: Auditoria Overview
https://www.auditoria.ai/wp-content/uploads/AP-Accruals-Featured-Image.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-11-18 11:55:402024-07-11 08:24:18Solutions Brief: AP Accruals
https://www.auditoria.ai/wp-content/uploads/Auditoria_AR_Business_Case_Infographic_tn.png
410
650
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-10-26 09:37:332022-10-26 09:59:45Infographic: Making the Case for AR Automation
https://www.auditoria.ai/wp-content/uploads/Auditoria-SmartVendor-Overview.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-08-30 00:11:472023-12-04 13:54:18Solutions Brief: Auditoria SmartVendor
https://www.auditoria.ai/wp-content/uploads/Auditoria-Workday-Partnership-Overview-470x608-2.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-08-10 13:41:082022-08-30 12:36:42Solutions Brief: Auditoria SmartCollections Supercharges Workday Financial Management
https://www.auditoria.ai/wp-content/uploads/Auditoria-Business-Case-for-O2C-Automation-470x608-1.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-08-01 15:19:472022-08-30 12:35:28Solutions Brief: Making the Business Case for Automation – Order to Cash
https://www.auditoria.ai/wp-content/uploads/Auditoria-SmartCustomer-Overview.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-06-01 07:10:522024-04-24 09:16:25Solutions Brief: Auditoria SmartCustomer
https://www.auditoria.ai/wp-content/uploads/AR-Helpdesk-Featured-Image.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-05-20 13:02:312024-02-09 07:37:45Solutions Brief: AR Helpdesk
https://www.auditoria.ai/wp-content/uploads/AP-Invoices-Featured-Image-1.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-05-13 16:01:202024-02-09 08:24:05Solutions Brief: AP Invoices
https://www.auditoria.ai/wp-content/uploads/AP-Helpdesk-Featured-Image.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-05-04 08:41:472024-02-09 07:41:05Solutions Brief: AP Helpdesk
https://www.auditoria.ai/wp-content/uploads/Auditoria-SmartFlow-Skills-O2C-SmartCollections-Logistics-and-Transportation-1.png
621
480
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2022-01-07 11:41:402022-08-30 12:39:05Solutions Brief: Auditoria® SmartCollections for Transportation and Logistics
https://www.auditoria.ai/wp-content/uploads/AR-Collections-Featured-Image.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2020-10-27 00:04:542023-11-30 08:13:07Solutions Brief: AR Collections
https://www.auditoria.ai/wp-content/uploads/FeaturedImage-platform.jpg
600
480
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2020-10-26 23:56:002022-10-10 11:32:27Solutions Brief: Auditoria SmartFlow Skills Platform Overview
https://www.auditoria.ai/wp-content/uploads/FeaturedImage-netsuite.png
600
480
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2020-08-10 23:33:562022-08-30 12:41:57Solution Brief: Auditoria SmartFlow Skills for Oracle NetSuite
https://www.auditoria.ai/wp-content/uploads/Auditoria_Revamp-the-Sage-Intacct-Partner-Solution-Brief-470x608-1.png
608
470
Nick Ezzo
https://www.auditoria.ai/wp-content/uploads/Auditoria-Registered-Gray_Auditoria-Horz-Gray_2023.svg
Nick Ezzo2020-04-07 01:15:242022-10-18 17:04:26Solution Brief: Auditoria SmartFlow Skills for Sage Intacct