Vanson Bourne Survey: UK Finance Leaders on Barriers to Business Growth

A SAP Concur blog post cites a Vanson Bourne survey of 500 UK finance leaders on growth strategies amid Brexit. 96% of surveyed businesses plan to grow, and uncertainty is not seen as a barrier. The top five barriers for the business overall are IT/finance infrastructure (43%), staff productivity (41%), growing customer base (40%), profits for investment (39%), and cash flow (38%). Lack of efficiency in finance systems causes problems for 92% of finance leaders. 53% of travel booking processes, 45% of expense processes, and 38% of invoice processes are not automated. 67% of finance leaders are not confident their systems will scale. 98% say automation would benefit their organization, and 9…