Start Your Modern Finance Journey Now!
A recent Gartner survey revealed that while 64% of CFOs foresee the advent of Autonomous Finance by 2028, there’s still a significant gap in actual progress. What about you? Where are you on your journey?
If you want to know where to start, you've come to the right place!
Your Modern Finance Journey
Moving to Modern Finance requires understanding the difference between traditional finance transformation and a Modern Finance journey.
That’s why we’ve crafted a three-tier layered approach based on Dynamics 365 Finance and Operations to help finance teams uncover their strategic superpowers and drive real impact.
The basics of finance modernization start with a robust data strategy. Without unified, actionable data, you’ll be stuck in the weeds. The result? Ready-to-use data consolidation templates, task checklists, and prototypes for unified structures that reduce mistakes and save you time.
Modern finance is digital by nature. By embracing the cloud and modern ERP systems, you can automate processes and shatter standard financial reporting timelines. The result? Near real-time reporting that reduces time spent on month-end and year-end closings, freeing up resources for strategic tasks.
Modern finance is autonomous. Proactive instead of reactive. The result? Personalized Finance AI copilots and digital agents that streamline operations, helping your team focus on big picture strategy.
Getting started with a free two-hour session.
We offer you a free, two-hour discovery session to get to know each other. Together we will analyze your business goals and identify your potential with Copilot and AI in Finance.
What's in it for you:
After the session, you'll receive:
Potential next steps:
What is Autonomous Finance?
The term Autonomous Finance has been around for the last few years, and is defined by Gartner as a finance function that goes beyond automated and is capable of delivering augmented real-time and predictive insights, effortless compliance and greater flexibility in financial strategy.
Basically, Modern or Autonomous Finance refers to the use of AI and Machine Learning to automate financial processes with minimal human intervention. This paradigm shift is not just about reducing workloads; it’s about fundamentally changing how financial tasks are performed. Finally, finance teams can leave behind time-consuming, manual data, accounting and reporting processes to embrace a role that is more strategic, rewarding and capable of adding more value to their organizations.
But let's face it, this concept of Modern Finance is still in its infancy, with finance functions in conservative industries still hesitant about it. It’s shocking how many organizations are still relying on disconnected Excel spreadsheets and manual processes. If these organizations are managing “well enough” with these conditions, imagine what they could do if they would fully embrace Autonomous Finance.
Want to know more?
Read the 2024 Global Finance Benchmark Report
Engaging with the right partner
Seek partnerships with technology providers, such as HSO, Microsoft, and Aptitude, and leverage their expertise and ability to deliver progressive solutions that support automation and integration but don’t require large upfront investments.
These partnerships can enable the creation of a new finance architecture that will make the journey to Modern Finance more manageable and cost-effective.
Read how our team helped Kelly Services transform their Finance Department with Dynamics 365 Finance & Operations across EMEA
Book your free envisioning session
Not ready to engage with us yet?
Watch our on-demand webinar, co-hosted with Microsoft, to discover how HSO can assist your firm in navigating the transition to Modern Finance and unlock its full potential!
Learn more about modern finance
