Modern businesses need finance teams to “determine how processes, investments, funding, and operational strategies can be optimised to improve the bottom line.” Research from Harvard Business Review Analytic Services, sponsored by Payhawk, reveals that while 64% of business leaders believe finance departments should analyse financial data to make recommendations on business strategy, 67% said that finance teams focus on chasing down receipts and expenses. Clearly, there’s a disconnect, and if modern businesses want to win, they must free their finance teams of manual number-crunching with expert tools and automation.
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