Exela FAO

62% of CFOs reported an increased demand for financial data insights. However, more than 53% of these financial leaders felt their departments were not proactive enough. This disparity highlights a significant challenge: planning teams are often unable to deliver timely, valuable insights to the business. Discover how top CFOs in billion-dollar companies free up to 12 hours per week of employee time by reducing time spent on data preparation and boosting forecasting accuracy by up to 95%. Read the whitepaper: https://lnkd.in/dsZZAMQU #ExelaFAO #Whitepaper #FutureOfWork #CFOInsights #FinancialModeling #ProcessImprovement #FinanceAutomation #FPNA

“How can we improve our receivables?” asked the CFO. Our finance team embarked on a tiring journey of discovery, starting with data gathering and analysis. As they dug deeper into the numbers, they uncovered a troubling pattern. They identified one industry segment where receivable collection times lagged far behind the others. Within this segment, four large customers from three different continents stood out as consistent late payers. Alarmingly, only 46% of their outstanding balances were current. Recognizing the potential impact of this issue, the team saw a clear opportunity for improvement. If they could boost the current balance from 46% to 81%, the company could unlock an impressive $15 million in permanent cash flow. Could you guess the solution? Continue reading: https://lnkd.in/da8ryWnf #FAO #ExelaFAO #CFOInsights #ARAutomation #FinanceAutomation #AccountsReceivable #ProcessImprovement #SharedServicesCenter

Read the case study: https://lnkd.in/duv3NRu4 #FAO #ExelaFAO #CFOInsights #ARAutomation #AccountsReceivable #FinanceInnovation #FinanceAutomation #FinancialLeadership #ProcessImprovement #AccountingOutsourcing

Using analysis from 200+ finance departments, our next infographic visualizes exactly where this problem hits hardest and, more importantly—how it compounds throughout your organization. Follow Exela FAO to download the latest F&A insights as they are released. #ExelaFAO #CFOInsights #FinanceAutomation

Making the sale is easy. Collecting payments on time is not. Learn how we leverage automation and AR expertise to clear backlog, reduce errors, and accelerate cash flow: https://lnkd.in/dNeDdhzK #FAO #ExelaFAO #CFOInsights #ARAutomation #AccountsReceivable #FinanceInnovation #FinanceAutomation #FinancialLeadership #ProcessImprovement #AccountingOutsourcing

Read the case study: https://lnkd.in/dz-EqDUN #FAO #ExelaFAO #CFOInsights #APAutomation #HealthcareCFO #AccountsPayable #FinanceInnovation #HealthcareInsights #FinanceAutomation #FinancialLeadership #ProcessImprovement #AccountingOutsourcing

Centralization is a powerful force that drives efficiency in AP teams. Learn how finance leaders consolidate power and attack complex AP problems using dedicated centers of excellence: https://lnkd.in/dpsdK8aU #FAO #ExelaFAO #CFOInsights #APAutomation #AccountsPayable #FinanceInnovation #FinanceAutomation #FinancialLeadership #ProcessImprovement #AccountingOutsourcing

Exela FAO allows you to integrate with any accounting software and automate your invoice processing as needed. Learn more about how we help enterprises build, operate, and transfer a holistic AP solution: https://lnkd.in/dyn4kHVe #AccountsPayable #APAutomation #FinanceAutomation #AccountingOutsourcing #ExelaFAO #FAO #CFOInsights #SharedServices #FinanceInnovation #ProcessImprovement #FinancialLeadership

Read the full case study: https://lnkd.in/dvx_XUfb Frustrated vendors, duplicate invoice submissions, and costly paper document storage were just some of the many AP problems that the client faced. What started as Exela FAO just clearing existing backlogs in invoice processing, quickly turned into offering additional capacity for IPMI claims handling from the client’s BPO center in Folkestone. #AccountsPayable #APAutomation #IPMI #FinanceAutomation #AccountingOutsourcing #ExelaFAO #FAO #CFOInsights #FinanceInnovation #ProcessImprovement #FinancialLeadership

Start reading: https://lnkd.in/dThiyrk8 #ExelaFAO #CenterOfExcellence #FinanceAutomation #CFOInsights #FinancialEfficiency #FinanceInnovation #ProcessImprovement #FinancialLeadership #SharedServicesCenter