ServiceNow has developed a workflow management system for finance professionals that aims to bring an end to the “crunch” periods faced by many during the monthly, quarterly and year-end financial close. Amir Jafari, Vice President and General Manager of ServiceNow’s Finance Business Unit, said that its Financial Close Automation package helped the company to save an average of 551 hours during the month-end close process, achieve a 13% increase in month-end close efficiency, and shifted the equivalent of 3.7 full-time employees from manual tasks to more strategic activities.
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
October 28, 2019
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