Finance heads and managers in small and medium enterprises (SMEs) often find themselves overwhelmed by manual, routine tasks such as data entry, invoice management, and report creation. These menial tasks can eclipse their more strategic responsibilities like process improvement, strategic planning, and cost reduction. The solution to this problem lies in freeing finance managers from these routine tasks. While some technological solutions are available, none have fully reduced the burden on finance managers. AI-Powered Automation: Streamlining Spend Management SMEs handle hundreds of invoices monthly. According to a study by Levvel Research, a staggering 86% of SMEs still rely on manual…
Author: Jo-Ann Chung, CEO of Summit
Author
Jo-Ann Chung, CEO of Summit
Jo-ann currently heads Summit as its CEO. At Summit, she spearheads a team that focuses on initiatives that empower their customers to achieve greater control over their business expenses and minimise administrative burdens.
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