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What Role Do CFOs Play in Digital Transformation?

NextProcess

BPA and Financial Operations In regard to digital transformation, one of the roles of the CFO is determining which business processes can be automated and which are best done personally by employees. A lot of the everyday operational tasks that fall under the CFO’s employees’ purview can be automated.

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Boost Efficiency with Robotic Process Automation Accounting

Nanonets

Streamlining accounting processes  with RPA solutions leads to reduced manual effort, improved data visibility, and better decision-making. The benefits of RPA in accounting include cost reduction, resource optimization, and enhanced customer service.

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Integrating AI into Your Finance Function

Nanonets

The need for AI in finance In traditional finance functions, companies often rely on manual processes, extensive paperwork, and repetitive tasks to manage their financial operations. These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management.

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What is Accounts Payable (AP) Automation?

Nanonets

Data Entry : Manual data entry causes inaccuracies and delays in financial records and reporting. Perfecting the Art of Automated Data Entry Data entry is often the bane of efficiency, but it doesn't have to be. Just think about the time you'll save and the reduction in errors!

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General Ledger (GL): Definition, Significance, Implementation

Nanonets

Whether you're a small business owner, a finance professional, a CFO, or simply curious about the financial operations of a business, this blog series promises to equip you with a thorough understanding of the General Ledger, its significance and it's effective implementation within a business.

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What is process intelligence?

Nanonets

Businesses run on a myriad of processes, sub-processes, and tasks that span recruitment, onboarding, training, operations, delivery, and financial operations.    It is how services are offered, performed, billed, and paid for. Why is process intelligence important?

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Tipalti vs. BILL: Software Guide for AP & Finance Teams

Nanonets

BILL, which used to be known as Bill.com, is a financial operations platform that gives businesses the tools to manage AP, AR, spend, and expense automation all in one place. Customers love the tax compliance features as well as the fact that most AP data entry work is done automatically with Tapalti.

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