For many businesses, the global pandemic has revealed process inefficiencies, forcing leaders to focus on business continuity plans and ensure sustainable business practices. Meanwhile, increasing globalization, regulations, and ongoing climate change continue to have their own impact on the tumultuous economy. It’s critical for Finance and Procurement departments to focus on minimizing disruptions to their supply chain and day-to-day business. 

PwC’s Pulse Survey shows that CFOs expect some of the cost-containment actions taken in the thick of the crisis to continue for the foreseeable future. A majority of respondents (80%) stated that their company is considering implementing additional cost measures, meaning that AP and Procurement departments will be asked to deliver more with less. 

Automation and digitization are no longer optional when it comes to achieving efficiency and future-proofing your organization. Starting with solutions that deliver the best time to value, organizations must build an automation roadmap that promises immediate, lasting success and business continuity.