Benefits of DataServ’s Accounts Payable Automation for CFOs

CFOs are challenged to meet the highest standards of performance for the organization’s stakeholders. CFO responsibilities have grown exponentially over the past several years. Where much time was previously devoted to accounting and reporting and financial management, many CFOs find themselves increasingly focused on compliance and risk management issues.

And, with heightened personal and financial penalties for non-compliance, success in these areas requires a new and sustained level of diligence and oversight. When you couple these responsibilities with the increasingly complex environments in which businesses operate, you find the “way we used to do it” in carrying out these responsibilities are, in many ways, inadequate.