Automation for Business Intelligence
Article by Bob Stark,
Global Head of Market Strategy, Kyriba
Productivity has always been a core goal for finance teams, investing in both enterprise resource planning (ERP) and integrated best-of-breed platforms to unlock efficiencies that enable strategic decision-making and transformation projects. For the finance organization, productivity can translate into a variety of value-added outcomes: more efficient cash application and reconciliations, shortened close cycles, executing early payment discount programs, and receivables programs to unlock trapped cash, to name a few examples. The CIO and CFO, as the delivery agents for automation and business intelligence, become a stronger and more valued partner for the overall finance organization by delivering automation and efficiency.