White Paper: Star
Executive summary Expense management is costly and time-consuming. Depending on business size, the average expense report costs $58 and 20 minutes to complete. Factor in human error and compliance issues, and what should be a simple process becomes needlessly complex. Behind these challenges lie immense opportunity: AI-powered expense management solutions. New technologies are helping businesses improve financial control, enhance reporting and visibility and ensure compliance with company policies and government regulations. In this analysis, we dive into what decision makers need to leverage expense management solutions to improve business operations, including: ➔ Expense management market fundamentals ➔ Automation to boost flexibility, efficiency and productivity ➔ Strategies to create new revenue streams ➔ Key capabilities in an expense management innovation partner Expense management is an essential growth lever in today’s digital-first economy. Borrow our insights to capitalize on new opportunities and craft solutions fine-tuned for your business.
White Paper: Gravity Software
Company leaders are increasingly looking to CFOs for strategic direction, not just the latest financial reports EY Germany’s Dr. Marcus Gantzkow noted that CFOs are gradually taking on the role of “Chief Value Officer.” “CFOs today are expected, from an internal management perspective, to provide real-time insights from data of all types, also increasing beyond the scope of purely financial insights,” EY says. This is due in large part to the decreased cost and increased accessibility of technologies such as cloud-based systems and instruments for data analytics, as well as “greater clarity about key analytical areas.” In an economy marred by uncertainty – rampant inflation, unpredictable supply chains, an evertightening labor market and fluctuating consumer demand – it’s imperative that business leaders stay a step ahead of whatever crisis may be coming next. Business intelligence tools can help companies in many ways, including: • Strengthening competitive advantage • Driving innovation • Improving collaboration among departments • Uncovering opportunities for growth and improvement • Reducing risk exposure This is especially true for multi-entity organizations, which often have several silos of information but no single source of truth
White Paper: Redislabs
The speed of the digital economy has fundamentally transformed the expectations of today’s consumers. Modern financial institutions need real-time responses to fight digital disruptors, bring new services to market, and deepen customer relationships. Innovative leaders in financial services have transformed their approach for software architecture to deliver instant personalization, fraud detection, transaction scoring, investment decisions, and more. Still, many financial institutions currently use legacy database architectures that can’t keep up with today’s demands—they don’t scale gracefully and aren’t fast, flexible, or reliable enough for real-time usage. Download this white paper to learn strategies for becoming a competitive financial leader and break free from the constraints and bottlenecks of traditional databases. Top Reasons to Download: Understand the technology trends driving the FinTech revolution. Harness real-time speed for use cases like customer on-boarding, investment analysis, credit decisions, customized offers, fraud analysis, and transaction scoring. Optimize your data-layer to support better performance and faster time to market for financial applications.
Financial and Operational Control and Governance
White Paper: AutoRek
Insurance is an extremely competitive business that hinges on providing the industry-leading service to customers. Precise data is the lifeblood of this business. This white paper offers wide range of data management solutions that allow insurance firms to complete their financial, operational and risk control and reporting regimes. The application of these product(s) within the insurance sector is determined by the gaps in any client's current systems landscape and control regime. Agile to ever-changing regulatory requirements and increased financial controls scrutiny, their suite of solutions works with the client's existing systems to automate and complete the firm's control regime. This whitepaper explains the business benefits insurance firms can achieve from implementing this suite of solutions through: Reconciliation, Operational General Ledger Accounting and Financial close management/ SOX compliance. This white paper explains: What are the key features of this reconciliation solution? How to improve your business’s existing ERP system capabilities? What are the business benefits insurance firms can achieve from implementing AutoRek Solutions?
Managing Your Financial Controls
White Paper: AutoRek
How to manage your financial controls gaining efficiencies, mitigating risk and enhancing controls? Financial control must contend with complicated data environments, regulatory pressures and ever-present need to gain efficiencies. As businesses become more ascendable, a tactical solution to collate or analyze huge sets of data is no longer sustainable. A robust process is needed that can manage financial controls and track transactions and accounts through their lifecycle. Managers would like access to key data in period of time and have problems escalated to them as they happen. This white paper informs how dashboards and workﬂows can accomplish that— from assignment of individual responsibility to account attestation and regulatory reporting, providing a strong robust automated financial control framework to completely support financial management. This whitepaper addresses present-day financial controls questions, such as : How to manage financial controls and track transactions and accounts through lifecycle? How to build a robust control environment and how to deal with complex data environments? What are the risks of tactical solutions? How to control the period end process? How a financial control framework supports financial management?