Oxford Economics Survey: Six Traits of Top Financial Performers and the Role of Automation
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For finance leaders, the survey provides evidence linking automation and cloud applications to financial performance, offering a reference for evaluating technology investments in T&E expense management and working capital optimization.
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- SAP Concur BlogOxford Economics Survey: Six Traits of Top Financial Performers and the Role of Automation
SAP Concur cites a global Oxford Economics survey with SAP and Concur of 1,500 finance executives, summarizing six traits distinguishing top financial performers: strong influence beyond finance, driving strategic growth initiatives, improving efficiency with automation, being very effective at core finance processes, collaborating regularly with business units, and working closely with governance, risk and compliance to handle regulatory change. The survey shows companies with 5-10% revenue growth are twice as likely as slower-growing companies to strongly agree automation improves finance function efficiency, and more than twice as likely to rate themselves 'very effective' at T&E expense…