How can you handle the flow of transactions more efficiently?
If you’re looking to tame the flow of transactions at your business, you’re already a step ahead of financial directors at many competing enterprises. No, make that two or three steps! Why? Because many financial directors have not yet realized the hidden opportunity costs associated with manual reconciliation. Or they tell us: “What can we do? We’ve always done it this way.” Others have allocated substantial resources to weekly bookkeeping, which deceptively shortens end-of-the-month reconciliation.
Read on for an introduction to the largest trends in automation and some well-proven ways to save considerable time and money.