Too busy to change – or too busy not to?
Every finance professional is trying to cope with the implications of COVID-19 across every aspect of their business, all while dealing with their day job.
As many of us are beginning to realize, all of the additional work created by COVID-19, combined with WFH (which seems unlikely to go away any time soon while social distancing remains in place), is leading to balls being dropped, errors being made & for some, an ever-increasing backlog of work. This has led to critical activities like supplier payments, month-end accounts & cashflow reporting being pushed back.
The result is stress levels that are becoming unsustainable, both for individuals & the business. Something is going to give.
This problem is compounded by the reluctance to hire & train new staff to cope with the changes, as now is not the time to increase overheads.
But being too busy to change & failing to cope only leaves one other option, & that is to change.
So here is a radical idea to consider:
Take a single day to fully automate your accounts payable process.
It’s entirely possible with the right automated accounts payable system.
At the same time (or subsequently), enable your staff to buy everything they can from Amazon Business. They will love you for it & your business will save, on average, 32% on existing purchases.
Also, everyone inside & outside of the finance department will immediately save between 65-90% of the time they currently spend on the entire purchasing process – freeing up their time so that they can focus on more important work.
The time you invest in automating your accounts payable will be repaid within a couple of weeks, if not less, & enable you to get ahead of the curve.
The money you invest to automate (if you increase the amount you spend with Amazon Business) can deliver a cash ROI in under a month.
So, if you don’t want to stay where you are, why not set 30 minutes aside & talk to us, then make your own decision on what you do next.
We really can help you!
