Finance automation is defined as the use of technology to automate key finance jobs like bookkeeping, expense management, bank reconciliation etc. with minimal human intervention. The reality is that finance automation is much more complex, technical, and powerful than its simple definition. However, while the spectrum of solutions can seem vast and overwhelming, it can bring great benefits to finance organizations in optimizing people, processes, and technology.
Through automation, finance teams can deliver finance and accounting analysis to the business that is actionable, staff can be redeployed for higher value work, and teams can collaborate to improve processes. By leveraging these new, efficient tools and technologies, organizations can realize significant cost savings through process improvement and, at the same time, improve the quality of their services to the business.
We summarized and reflected on some of today’s leading finance and accounting automation solutions and its impact on financial organizations. If you missed the live event, you can find the recording below.
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Speakers
JUNE KIM
Managing Director, UHY Consulting
June Kim is a Managing Director with UHY Consulting, providing finance automation solutions that strengthen and transform companies. Her delivery team has designed and implemented BlackLine, one of the top accounting automation platforms, for hundreds of Fortune 1000 companies.
June identifies cost efficiencies, maximizes productivity, and implements sustainable process improvements while maximizing use and adoption. Her goal is to ensure clients leverage technology and finance automation solutions.
Rhonda Sauer
Software Solutions Manager | UHY Advisors
Rhonda has twenty-five years of experience designing, implementing, and supporting a wide range of software tools. She has spent the last ten years providing consulting services for software implementation, process improvement and project management.