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Embracing Automation The platforms and solutions that are quickly becoming table stakes for accounting firms often offer automation tools that can be applied to optimize sometimes-tedious processes and workflows. Spend & ExpenseManagementautomation helps to create more efficient, real-time views into cash flow.
However, these targeted solutions do not provide end-to-end automation. These point solutions can include, but are not limited to the following: Invoice Approval Manual invoice approval workflows can be time consuming to manage. This two-way integration streamlines invoice processing, expensemanagement, and vendor communication.
Plus, said Jandrell, these firms increasingly require the capability to manage processes before and after purchases are made. Historically, that has meant disparate, siloed platforms for expensemanagement, contract management, accountspayableautomation and more.
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