6JULY 2019Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comKatherine Joneskatherine@cfotechoutlook.comEditor's NoteInnovation in Accounting ProcessesIn today's ever-evolving era of continuous technology advancements and stringent regulations, the financial market is undergoing fundamental changes at an unprecedented pace. To cope with the perpetual disruptions, organizations ranging all the way from large MNCs to small independent firms have to redevelop their financial roadmap. As a result, CFOs and their teams are gradually shifting toward the development and utilization of an integrated and comprehensive view of the financial landscape. With respect to Accounts Payable and Receivable space, technologies like cloud computing, mobile solutions, and big data analytics are playing a vital role in helping businesses automate cumbersome taxing, auditing, and banking tasks.On the other hand, leading edge tech-based solutions that leverage robotic process automation (RPA) and machine learning algorithms are helping accounting teams handle repetitive and labor-intensive tasks with ease. Additionally, the use of RPA facilitates the execution of work during off hours, completing financial actions overnight and collecting the data for employees to assess the next day. At the same time, cloud-based or software-as-a-service (SaaS) applications aid CFOs in optimizing back-office processes by allowing easy access to internet-enabled devices and quick integrations with tech-based accounting products. Looking ahead, industry leaders are going to find it extremely difficult to assess the future of the finance and accounting industry. Therefore, forward-looking CFOs are seeking out products that can streamline their Accounts Payable and Receivable processes in a flexible manner and adapt to any situation with ease. Lastly, with the emerging financial solutions, industry leaders aim to complete the full convergence of Accounts Payable and Receivable processes to imbue efficiency in cash flows and make the best financial decisions for their organizations.To help businesses visualize the developments in the Accounts Payable and Receivable ecosystem, we have curated content for CFO Tech Outlook's special `Accounts Payable and Receivable' edition by bringing together articles from innovative solution providers and industry experts. We hope the valuable insights from industry thought-leaders and leading edge solutions from top as well as emerging companies featured in this edition will help you in making informed decisions for your enterprise.Let us know your thoughts.Contact Us:Phone:5510-556-2402Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com July - 18 - 2019, Vol 05-10 (ISSN 2644-2841 )Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberIssac GeorgeCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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