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Key trends shaping the future of finance Cheah identifies several critical trends that CFOs should monitor to leverage technology effectively: Autonomous finance : One of the most significant trends is the rise of autonomous finance, which aims to automate routine tasks such as reconciliation and reporting.
Instead of talking about connecting kitchen appliances, we can provide an online connected experience between companies — even if they have chosen different financialsystems,” he told PYMNTS, noting that this approach is dubbed the “Internet of Systems.”. A Decade Of Disparate Technology.
Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cashmanagement is paramount. Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financialsystems.
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