In this 3-part guest blog, digital transformation expert John Stinchcombe considers how end customers can create a business justification for invoice process automation.
How X3clouddocs Enabled A Digital Age Transition for Burns’ Finance Team
Finance has moved on leaps and bounds since the days of the paper ledger. With finance systems, such as Sage X3, providing multi-ledger accounting, automatic currency conversions, sophisticated dimensional analysis, and many other features.
In a November 2018 article titled ‘New technology, new rules: Reimagining the modern finance workforce’, management consultants, McKinsey, highlighted the role of CFOs and their teams in advising operational units on the value of innovation to the overall health of the business.
Calculating the Return On Investment (ROI) of an application or service can be difficult, given the many impacts that it can have on a business and the natural complexity of processes in mature, sophisticated businesses.
If you're a business owner, then profitability is probably one of the main reasons you started your business. "Sales is King", an old boss of mine once told me.