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CFO Playbook – Digitize Cash-Related Processes

Digitize Cash-Related Processes

Accelerate Digitization to Keep Cash Flowing for the Future

 

According to a recent McKinsey & Company report the coronavirus crisis has “speeded the adoption of digital technologies by several years—and that many of these changes could be here for the long haul“. CFOs, therefore, are accelerating their plans for digitization. Even companies that already had some degree of automation in place before the crisis are replacing manual or inefficient processes.

New digital technology can make it much easier to process customer, supplier or treasury payments, control processes across a distributed

team and generate accurate forecasts. Going touchless and eliminating paper will make these processes faster and more accurate. It will also provide CFOs with complete transparency and control over global cash flows. By making wise technology investments now, CFOs can prepare the finance organization for the future, no matter what it may hold. 

 

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Expert Forum: 

Digitize Cash-Related Processes   

18 Nov @ 3 pm CET | 8 am CT

 

Improve the performance and resilience of your organization and maximize the value of your technology investments with digitized processes in treasury and finance. Prepare your organization for the future by using the latest technology to automate cumbersome, manual tasks and create a seamless, end-to-end view of cash flows. 

Join Serrala customers and a panel of industry experts on November 18, as they discuss how to quickly and effectively apply cloud, intelligent automation, analytics and software as a service technologies to improve speed, accuracy and transparency in finance. 

 

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Benefits of Digitization

Fast & Accurate
Capture information from customers and suppliers quickly and accurately using cloud solutions that validate the data with your ERP systems. Increase process efficiency with intelligent automation and machine learning to enable touchless processing and simplify exception handling and approvals. 

Flexible & Accessible 
Easily lift and shift work based on global business needs with digitized processes. Flexibly route transactions based on the type, value, location or status and adapt processes as policies and regulations change. Give users online access to the information they need to process cash quickly. 

Transparent & Compliant
Gain transparency into cash flows with technology that centralizes cash flow data across your global locations and ERP systems. Identify liquidity or working capital issues with real-time reports and dashboards and ensure compliance with a completely digital audit trail of cash flow activities from start to finish. 

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