Category: Accurals and Book-closing

  • AI assistance in accruals

    AI assistance in accruals

    Find out interesting insights with Mike Vaishnav, CFO & Strategic Advisor Moderated by Emily, Digital Transformation Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Emily: Hi everyone, good morning, good evening, good afternoon based on where you are. I’m Emily, a digital transformation consultant at Hyperbots, and today I…

  • Navigating the complex terrain of accruals in accounts payable

    Navigating the complex terrain of accruals in accounts payable

    In accounting, the process of accruals is a crucial yet challenging task, especially within the Accounts Payable (AP) domain. Despite advancements in automation and financial software solutions, the accrual process often remains predominantly manual in many organizations, fraught with complexity and susceptibility to errors. This blog delves into the inherent challenges of managing accruals, spotlighting…