Despite widespread adoption of ERP systems, only 20% of finance processes are truly automated. Why is that?
ERP systems, such as Oracle® and SAP®, are the engines of the business and underpin finance processes. But it’s a long-held misconception that going through the pain and cost of implementing an ERP system across your business will solve all your financial efficiency and automation problems. The reality is that there are parts it cannot reach.
1. Why ERP alone cannot handle all your finance processes
2. How the inherent complexity of finance processes causes technical debt
3. Why RPA and other add-on tools have failed to plug the automation gap