IT Brief shares a lot of good ideas in this article. It’s called 5 Finance Automations to Speed Up and Scale Your Business.
In it, Brad Drysdale shares his views on automation and how it can help speed up your business finance. Here’s one point that we just had to echo:
There are occasions when the supply chain systems are not connected to the finance system. But when the warehouse needs to check on the inventory for a specific purchase, finance gets involved to find the revenue per SKU, top-selling SKUs, which SKUs provide the highest or lowest margin, etc. Connecting these systems enables this data to be brought together and readily available to finance when they need it.
To learn more about Drysdale’s insights, give the rest of the article a read. This link to IT Brief should give you access to the rest of it.