During these uncertain times, investments in finance automation are critical to protect your bottom line and improve employee morale. So, what steps should you take to identify the best candidates to start your automation journey?
Understanding the difference between financial operations (“FinOp”) automation and financial close automation will help you navigate your next investment into finance automation.
In recent years, business leaders began deploying incredibly powerful data visualization tools that allow them to have agile and aesthetically pleasing dashboards at their fingertips. These tools are undoubtedly useful – if used correctly. Consider implementing finance automation solutions before data visualization solutions to unlock their full potential.
FinOptimal is pioneering the idea of distributed ERP systems. What does that mean? Connecting your current tech stack to your general ledger in a way that maximizes the value of each system by automating the data flow and audit trail to the greatest extent possible.
Clean books, clear financial operations, and productive accounting systems are essential for operators to build high-performing, best in class businesses. They’re also one of the most fundamental aspects of a company that investors expect to see, and have a profound impact on venture capitalists’ decisions of whether to invest.