Intelligent Fin.tech Issue 06 | Page 68

CHEQUING OUT

automation is a crucial tool to improve transparency and efficiency , ultimately contributing to cost reductions .
This isn ’ t just pie in the sky – advanced automation capabilities are increasingly accessible to smaller organisations with smaller teams . As a result , investing in automation processes isn ’ t just a necessary step for ‘ those who can ’ – it ’ s a genuinely achievable way to modernise your compliance capabilities and help your team stay on the top of all the new forms , reports and data requests they have to complete . With regular tasks automated
If you ’ re looking to overcome the compliance burden , automation has to be at the centre of your strategy .
and staff freed up to work on more valuable tasks , teams can more efficiently handle compliance needs , reduce the burden of controls and accelerate positive change across an organisation .
If you ’ re wondering where to start , remember that many elements of the finance function rotate around the basic mechanics
Adam Zoucha , MD EMEA , FloQast of the month-end close . If you make the close work better , you ’ ll likely end up with a more efficient finance and accounting department and a more organised approach to compliance and control .
Transparent , efficient and happy
All very well , you might say , but the market is flooded with accounting software . Where should we look ? What are we even looking for ?
68 www . intelligentfin . tech