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      REPORT
      Cost Reduction - The True Cost of Finance
      26th July 2020
      //Cost Reduction - The True Cost of Finance

      The enormous scale of any period end involves thousands of hours for finance teams, pouring over huge quantities of data and puts a burden on cost centre owners.

      Full-scale finance transformation programs are often seen as the only way to tackle the problem head on, but many CFOs are deterred by cost and unquantifiable hard benefits.

      Cost Reduction

      AutoRek proposes a unique opportunity for all organizations to make agile improvements through automation delivering cost reductions up to 60%. The software delivers one powerful system that links the key process areas into a frictionless financial control model by combining:

      • Subledger Accounting
      • Intelligent Account Attestation
      • Reconciliations
      • Period End Process
      • Process Centralization
      • Improved Accuracy of Decision Making and Analytics

      Download here - https://www.autorek.com/resources/whitepapers/cost-reduction-the-true-cost-of-finance/

      Details
      Geographic Focus
      North America
      Horizontal Topics
      Risk: Financial Risk Management, Risk: Operational Risk Management
      Industry
      Capital Markets, Corporate Banking, Life Insurance, Property & Casualty Insurance, Retail Banking, Wealth Management