Billtrust的动态

Finance leaders, are you keeping pace with the digital revolution? 83% of CFOs are prioritizing digital transformation in their order-to-cash processes. Our CEO Sunil Rajasekar explains why in a recent CFO Dive article. Key takeaway: #AI is the driving force transforming finance from a support function into a strategic powerhouse. Want to lead the charge? Dive into our IDC InfoBrief and check out the full article here: https://bit.ly/3TCXqS9 #FinanceTransformation #CFO #DigitalTransformation #B2B

According to new Finance?Key Issues?research from?The?Hackett Group, Inc. Cost containment and cash flow optimization have jumped to the top of the priority list for finance leaders for 2024, - Digital transformation?remains a top five priority for finance in 2024 - Technology investments are one area where spending will increase in 2024, driven by digital transformation and efforts to implement artificial intelligence (AI) and generative AI (Gen AI). -???Finance leaders continue to focus on digital transformation, using technology investments to reduce costs and create new capabilities. -????Net adoption growth rates for both core and emerging finance technologies are expected to be strong in 2024, with the greatest growth in areas such as business process management (18%), virtualized data platforms (15%), digital workforce enablement tools (13%) and robotic process automation (13%). Gen AI growth of 9% is expected, with 41% of companies expecting to implement pilots or small-scale deployments.

I recently sat down with CFO Dive to discuss some eye-opening research we did with IDC. The?results paint a clear picture of the AI revolution happening in finance right now. Here's what's keeping CFOs up at night: a) A staggering 83% of execs believe their business won't survive without digitizing their order-to-cash processes. It's not just important—it's existential. b) CFOs are leading the charge. They're 26% more likely than other execs to strongly agree that O2C innovation is critical. c) 44% of CFOs are betting on GenAI to make their jobs easier. That's a big vote of confidence in a rapidly evolving technology. With the economy still uncertain, CFOs are stepping up in a big way. They're not just overseeing finances anymore—they're becoming key strategic partners in major business decisions. It's a significant shift in the finance function, and it's happening fast. Check out the full article here:?https://lnkd.in/gd79idBb How is AI reshaping finance in your world? Are you seeing this shift firsthand?

In the world of finance (let’s be honest - in every industry), AI is revolutionizing how we operate. With its ability to make tasks faster and more accurate, AI has become an integral resource in transforming the banking landscape. ? AI enables financial institutions to provide efficient, personalized banking experiences, ensuring that every customer interaction adds value. From advanced fraud detection to autonomous payment processes, AI optimizes every facet of digital banking, producing superior results for customers. ? Moreover, the combination of predictive and generative AI offers comprehensive financial analysis and scenario generation, providing clear pathways to business goals. This technology supports continuous optimization, enhancing everything from benchmarking against industry peers to risk modeling and supplier behavior analysis. ? The future of digital banking is bright, and AI is at the forefront of this transformation. Gain extra insight about “The Future With Intelligent Finance” in the Forbes?article below and let me know what stands out to you the most. ? #LifeatNCRVoyix #DigitalBanking #FutureOfFinance ? Link here:

A recent survey finds that many CFOs are still in the beginning phases of digital transformation. While there have been investments in automation technologies such as AI, reports were low for digitization throughout finance department. Read more here! https://lnkd.in/ebyHgxg9 #cfo #finance #FinancialStrategy

A recent survey finds that many CFOs are still in the beginning phases of digital transformation. While there have been investments in automation technologies such as AI, reports were low for digitization throughout finance department. Read more here! https://lnkd.in/dBF9Zi3x #cfo #finance #FinancialStrategy

Finance leaders are shifting their focus from growth to cost control and #cashflow optimization in 2024 due to economic challenges like inflation, #supplychaindisruptions , and geopolitics conflicts. Still, finance teams anticipate a % increase in workloads amid shrinking budgets. The use of AI could reduce cost and staffing up to 40% over the next five to seven years. Crossflow - The Working Capital Marketplace, we leverage #AI for a fast and flexible #workingcapital marketplace, offering multiple funding sources for competitive finance. #supplychainfinance #marketplace #finance #cfo

GenAI adoption is touted to bring benefits to enterprises and their finance functions. Nikhil Parambath, RVP for Asia at BlackLine, shares his views on major GenAI adoption challenges and how CFOs could overcome them. "Used appropriately, GenAI can optimize and complement existing operations, enabling finance and accounting (F&A) teams across all industries to make smarter, faster decisions and reduce time spent on manual, repetitive work," he opined.? CXOCIETY FutureCFO BlackLine Nikhil Parambath Allan Tan Nigel Standley Clarise Goh Sukhpreet Kaur Christine T. Shannon Chau #generativeartificialintelligence #generativeai https://lnkd.in/gu8uRNky

AI Transformation and the Role of Finance Leaders in Forbes Finance Council. Finance leaders cannot afford to stand on the sidelines as AI rapidly redefines the role of the finance team and of its business partners, such as IT, marketing and HR. Embracing AI is essential to keep finance at the forefront of innovation. https://lnkd.in/e4fdnR9v #FinanceTransformation #GenAI #CFO #CPA #CGMA

In the current market, finance offices face a perfect storm of ever-changing regulations and talent shortages, exacerbated by outdated manual systems and processes that many teams still rely on. Unsurprisingly, finance and accounting professionals are eager to leverage automation and other technologies – not only to unify data and processes (and save time / reduce errors), but to empower them to deliver greater value to their business. BlackLine is a leading provider of cloud software that automates and controls financial close and accounting processes. Find out why – and how – finance offices are embracing new technologies and what businesses will need in the future to successfully navigate disruption. This post is sponsored by BlackLine. #Ad #Automation #CharteredAccountants #AI #CloudSoftware cc Chartered Accountants Australia and New Zealand