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Best practices for closing purchase orders
Find out interesting insights with Shaun Walker, Co-Founder & Strategic Advisor Moderated by Sherry, Digital Transformation Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Sherry: Hello and welcome to all of our viewers on CFO Insights. I am Sherry, a financial technology consultant at Hyperbots, and I’m very excited…
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AI automation and ‘ease of audit’ co-relationship
Find out interesting insights with Cecy Graf, CFO & Strategic Advisor Moderated by Emily ,Digital Transformation Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Emily: Hello, everyone. This is Emily, and I’m a digital transformation consultant at Hyperbots. Good morning, good afternoon, or good evening, depending on where you…
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Can all CPA knowledge be acquired by AI?
Find out interesting insights with Cecy Graf, CFO & Strategic Advisor Moderated by Emily Digital Transformation Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Emily: Hello everyone, this is Emily and I am a digital transformation consultant at Hyperbots. Good morning, good afternoon or good evening, depending on where…
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Optimizing vendor invoice processing: a guide to tailored matching policies
This blog outlines best practices in matching policies for vendor invoice processing, considering various factors like vendor characteristics, purchase value, and GL account specifics. 1. Understanding Matching Policies Matching policies are controls put in place to ensure that payments made to vendors are accurate, authorized, and for received goods or services. The most common types…
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Evaluating bot security in financial process automation
Financial process automation is the use of artificial intelligence (AI) to perform various tasks that would otherwise require human intervention, such as data entry, invoice processing, reconciliation, reporting and more. By automating these tasks, businesses can save time, reduce errors, improve efficiency and enhance customer satisfaction. However, automation also comes with its own set of…
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Navigating the complexities of chart of accounts management: insights for CFOs and controllers
In the intricate world of financial management and reporting, the Chart of Accounts (COA) stands as the foundational framework upon which companies build their financial narratives. This structured listing serves not just as an organizational tool but as a strategic asset, facilitating the meticulous tracking of expenses, revenues, assets, and liabilities. However, the bespoke nature…