Learn how the finance function has freed time and resources to pursue high-value activities such as decision support, financial planning and analysis as a result of transaction-processing automation.

CFO Research Services and Concur developed the hypotheses for this research jointly. This study discovers how companies have deployed the savings they've realized so far through their transaction-processing improvement efforts. Our survey of senior finance executives in North America reveals that the finance function has freed time and resources to pursue high-value activities like decision support and financial planning and analysis as a result of transaction-processing automation.

We find that transaction-processing improvements are not only valuable because they help companies reduce cost, error, and risk—they're valuable because they allow finance executives to turn their attention to the high-value activities that advance a critical organizational objective: promoting sustained, profitable growth.

INTRODUCTION
In recent years, finance has worked hard to drive cost, complexity, error, and risk out of its routine business processes. New technology systems for transaction processing and streamlined business processes have often formed the cornerstone of these improvement campaigns. Finance has made gradual, often sustained progress in improving its ability to execute routine transactions through technology and process improvements in recent years.

While more of this work remains to be done, CFO Research Services undertook this study to discover how companies have deployed the savings they’ve realized so far through their transaction-processing improvement efforts. Our survey of senior finance executives in North America reveals that the finance function has freed time and resources to pursue high-value activities like decision support and financial planning and analysis as a result of transaction-processing automation. ...

Request your free Analyst Report: "Releasing Resources to Support Growth - The Long-Term Benefits of Finance Transformation"

A report prepared by CFO Research Services in collaboration with Concur.

Geographic Eligibility: USA, Canada, Selected European Countries

Publisher: Concur Technologies

ABOUT CONCUR
Concur is the world’s leading provider of on-demand Employee Spend Management Services.  Concur enables organizations to globally control costs by automating the processes they use to manage employee spending.

Concur’s end-to-end solutions seamlessly unite on-line travel booking with automated expense reporting, streamline meeting management and optimize the process of managing vendor payments, employee check requests and direct reimbursements. Organizations of all sizes trust Concur to help them control spend before it occurs while eliminating paper and optimizing supplier relations.

Concurs unified approach to managing employee spend delivers a 360 degree view into all employee expenses, helping companies globally enforce policies and monitor vendor compliance, while delivering unprecedented control and valuable insight. Concur’s suite of on-demand services reach millions of employees around the world – streamlining business processes, reducing operating costs, improving internal controls and providing enhanced visibility and actionable expense analysis.

More information about Concur is available at www.Concur.com

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