The need to automate inefficient processes in finance is more pressing than ever as the region adopts VAT and faces increasing regulation. There is no more room for inaccurate data collection and reporting which increase compliance risk and damage the business’s bottom line.

The process report works as a guide for CFOs looking to improve existing processes and switch to a modern finance model.

It suggests a rigorous step-by-step method, with an initial phase of assessment, followed by the formation of a clear strategy, the selection of the right technology and vendor, and finally, ways to get all the stakeholders on board.

By providing guidance, comments and tips by some of the region’s leading experts, it aims to help CFOs make their organisations fit for business in the 21st century.

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