CFOs optimistic about 2016 but concerned about manual, inefficient processes

cfo-concernsTD Bank recently released their fifth annual CFO survey of 300 senior finance executives with some super-interesting information. The good news is that most CFOs (69%) are optimistic about their company’s performance in 2016 vs 2015 and 61% intend to increase capital spending in 2016 particularly on technology (58%). But they have significant concerns about process inefficiencies both in day-to-day operations as well as long term performance.

It’s 2016! Every organization deals with routine financial processes like invoice processing, expense reports, sales orders, and purchase requisitions. There’s simply no excuse for outdated, manual systems that cause delays in cash-flow, infrastructure investments and responsiveness. With affordable, cloud-based workflow products for financial process automation, there’s no need to deal with printing PDF sales orders for signatures, correcting Excel-based expense reports, or tracking down approvals in email.

cfo-spendingFrom procure-to-pay, to order-to-cash, expense reporting and more – we’ve got financial process automation covered. frevvo’s solutions offer complete functionality coupled with a solid understanding of best practices in financial process automation. We can help you understand the value that efficient, mature and fully automated processes will bring to your business.

Check out TD Bank’s Survey and Infographic. Learn more by visiting our website. Explore some of the examples, read customer success stories and contact us for more details.

2 Responses to CFOs optimistic about 2016 but concerned about manual, inefficient processes

  1. Pingback: [Infographic] Accounting & Financial Process Automation | frevvoblog

  2. Pingback: [Video] Accounting & Financial Process Automation | frevvoblog

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