Workflow for Finance
- Web Admin
- May 23, 2024
Fiscal responsibility is more central to businesses today than ever before. Top executives are shifting focus to identifying new tools like automated workflow for finance organizations to ensure compliance and consistent ROI across an organization’s many divisions. Workflow automation can immediately impact the efficiency and accuracy of finance processes, from check requests to general ledger processes and purchasing.
For instance, if you’re still using paper, telephone, and fax for requests and approvals, you’re already long out of date. These and other business-critical processes demand timely attention because they drive core functions in your organization. Interwebflow streamlines these critical processes and removes the barriers to running a high-performance financial organization.
Budget approvals, accounts payable, purchase requests, expense requests, invoice reconciliation, and other financial processes can be upgraded to automated workflows that ensure consistency and compliance.
Workflow Automation Examples from the Financial Industry
- Incident Management
- Process Audit Trails
- Contract Management
- Compliance Review
- Centralizing Processes Post-Merger
- New Customer Onboarding and Account Set-Up
- Employee Hiring and Offboarding
- Complaint Management
- Order Management