November Five lives and breathes digital, and we prefer working smart over working hard. That’s why we digitised and automated our accounting processes to the fullest. How do you create an accurate and scalable system that saves time, money and energy, and eliminates the risk of human errors? This presentation showcases a bunch of tangible examples, including:
- automating the processing of sales & purchase invoices;
- creating SEPA payments & CODA reconciliation of bank transactions;
- importing and exporting data to the accounting system by excel files;
- automated approval flow;
- introducing a spend management tool with virtual Mastercards;
- automated management reporting;
- a mindset to explore continuous optimisation.
These automations hand you the extra time to be a true strategic and proactive partner to the business, instead of a team of administrators accounting for the past. A great presentation if you’re curious about the insights we gained on our digital journey, as well as the bumps along the way.