{"id":9891,"date":"2021-12-14T15:21:00","date_gmt":"2021-12-14T20:21:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=9891"},"modified":"2023-07-28T07:29:27","modified_gmt":"2023-07-28T11:29:27","slug":"goodbye-manual-operations-hello-intuitive-automation","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/goodbye-manual-operations-hello-intuitive-automation\/","title":{"rendered":"Goodbye manual operations, hello intuitive automation"},"content":{"rendered":"
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\n\t\t\t\t\t\tGoodbye manual operations, hello intuitive automation\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t

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\n\t\t\t\n\t\t\t\t\"David\t\t\t\tDavid Appel<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n

Some financial closes take 10-20 days.  How can you cut it down to 3-5?  Managing processes can be time-consuming for finance teams, especially with the need to issue and process invoices, keep track of budgets, create finance reports \u2013 and more. As your SaaS company grows and processes and reporting become more complex, it\u2019s quite common to waste  incredible amounts of your time with manual data entry, unruly spreadsheets and time-consuming workarounds.<\/span><\/p>\n\n\n\n

In our recent survey,\u00a0in partnership with\u00a0RevOps\u00a0Squared and The SaaS CFO, we\u00a0asked\u00a0>250\u00a0SaaS finance\u00a0teams,\u00a0about\u00a0opportunities for process optimization and productivity enhancement within the finance function.\u00a0Survey results showed\u00a0that 4 of the top 5 financial management reports are primarily created using manual, spread sheet-based processes.\u00a0Specifically,\u00a0manual process is identified as the number two challenge to both the financial close (45%) and metrics calculation (64%).\u00a0Bob\u00a0Monio, commercial product management director at\u202f<\/span>Kofax<\/span><\/a>, a US-based process automation software provider, says: \u201cNo matter how skilled an accounting department may be, any system that relies on\u202fmanually inputting data from paper\u202fis slow and subject to human error.<\/span><\/p>\n\n\n\n


\u201cEvery time a piece of paper changes hands, the opportunity to misread, misplace or misunderstand something is introduced. For a company that handles tens of thousands of invoices per month, even a small margin of error can result in huge losses.\u201d He adds: \u201cManual processing also leads to a lack of control and visibility to management, leaving them unable to make informed decisions to effectively lead their team, as well as creating an environment vulnerable to fraud. <\/span><\/p>\n\n\n\n

By incorporating automation into your financial processes, you are able to significantly reduce close days, increase agility, lower costs, improve productivity, reduce delays, minimize errors, and ultimately give your team more time to focus on strategy, business growth and success. Improve the productivity of your financial team by <\/span>eliminate manual processes<\/span><\/a> through automation! <\/span><\/p>\n\n\n\n

<\/span>Are you outgrowing QuickBooks? Is your financial system limiting your productivity?  <\/span><\/p>\n\n\n\n

Don\u2019t lose valuable time managing unruly spreadsheets and struggling with manual processes. Assess your current capabilities and uncover the costs associated with your organization\u2019s use of your current, manual-laden system. Learn about <\/span>the potential upside of switching<\/span><\/a> to the most complete FinOps tech stack today. Visit\u202f<\/span>SageIntacct.com\/EasyClimb<\/span><\/a>\u202fto get started.\u202f<\/span> <\/span><\/p>\n\n\n\n

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The 2022 SaaS CFO Guide to FinOps Efficiency <\/h2>\n\n\t\t\t\t\t\t\t\t\t
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eBook<\/p>\n

<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\tDownload<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\"People\t\t\t<\/div>\n<\/div>\n\n\n\n

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Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t
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Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\tSubscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\"Working\t\t\t<\/div>\n<\/div>\n\n

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