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"The State Of Automation in Finance"
2021 International Market Research

The APA and Yooz reveal key findings of the worldwide survey
 
50% of companies surveyed say that they are unable to achieve effective supplier accounting processes when working from home and 40% are unable to meet payment deadlines... and yet, only 20% have adopted a fully automated process! Why?
 
Discover the results of the first international research project that investigates "The State of Automation in Finance 2021". 
 
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Find out about your peers' action plan to reshape their finance departments and catch up!

  • Discussing the challenges of a world in crisis : cybersecurity, process control, digital transformation.

  • Trying to understand why one out of five accounts-finance departments use automated processes: What’s the current situation?

  • Understanding the expectations and visions of key finance decision-makers : the technological solutions.

Discover the exclusive results of the first international research project that investigates
"The State of Automation in Finance 2021"

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Challenges of a world in crisis: cybersecurity, process control, digital transformation.

Pre-pandemic, companies were already wrestling with the need to adapt to significant change, while still maintaining employee productivity and retaining momentum in digital transformation plans. In 2021, these three challenges have not disappeared, but new priorities have emerged: namely the need to streamline and optimise financial processes and strengthen cybersecurity.

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Why only one out of five accounts-finance departments use automated processes?

While digital strategies are advancing, it’s not in the areas finance leaders need it in. Just 18% of companies have achieved accounts payable (AP) and Purchase-to-Pay (P2P) automation. What are the reasons?

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Understanding the expectations and visions of key finance decision-makers : the technological solutions.

The pandemic has encouraged companies to accelerate technology investments, with a focus on enabling efficient, productive and safe remote working through cloud-based services.

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