Business Growth Required Financial Automation to Shorten Invoice Cycles, Support Audit Requirements and Eliminate Manual Processes

A leading global asset management firm was concerned about the inefficiency and unreliability of its largely manual revenue and expense management system – which led to extended invoicing and billing cycles. Management also saw the broader need for a more accurate and transparent reporting solution to save time on audits, reduce the risk for errors and improve the overall integrity of data flowing in and out. With the growth of the business, which now had more than $300 billion of assets under management, the firm was experiencing intensified pressure to unify and modernize its fragmented approach.