Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, June 19 2019 - 08:00
AsiaNet
SolveXia Releases CFO Thought Leadership Survey 2019
SYDNEY, June 19, 2019, /PRNewswire-AsiaNet/--

SolveXia teamed up with over 100 finance leaders across APAC, USA, UK, Europe, 
South Africa and the Middle East to conduct research on CFOs key concerns and 
challenges that shape their companies' landscape in 2019. The report findings 
are based on data collected by SolveXia from companies large and small, 
including eBay, Siemens, LexisNexis, Sandoz, Allergan and others. 

"With an ever-changing competitive landscape and compliance risk greater than 
ever before, finance departments must evolve to remain relevant and thrive. 
They must keep pace with an ever-increasing hunger for data collection and 
analysis and partner with the business to ensure that the organisation achieves 
its goals. Working with many B2B businesses, it's fascinating to be at the 
forefront of this change and be a core solution with our technology," said Adem 
Turgut, COO, SolveXia.

Some of this year's insights include:
- 49% of CFOs said their greatest challenge in 2019 is disconnected data, 
spreadsheets and manual processes. 
- Internal roadblocks and bottlenecks are also a key challenge for 22% of CFOs. 
- Many finance departments are simply too busy keeping up with BAU tasks to 
innovate or be more strategic. 
- 42% said the most important objective in 2019 is spending more time on 
analysis and communication with the business. 
- Increasing finance agility through digital transformation was also a key 
objective from 31% of CFOs. 
- CFOs need to invest in emerging technologies to free their staff from BAU 
tasks and turn data into insights for the business. 
- The rate of innovation in analytics and automation means CFOs and their 
departments risk being left behind. 
- 3 out of 4 companies said their data is trapped in legacy systems.

To read the full report visit 
https://www.solvexia.com/blog/automation/cfo-thought-leader-survey-2019/

About SolveXia:

SolveXia offers a high-value data analytics and automation solution that 
consolidates data from all systems and databases and helps finance teams work 
faster and more accurately by enabling them to automate their repetitive, 
data-intensive processes.

With comprehensive and robust process automation, teams can use SolveXia for 
data processing, data management, modelling, forecasting, analytics, workflow 
and reporting. Through an easy-to-use and low-cost system, companies are able 
to unlock market-leading insights and remove the need to do mundane and 
error-prone manual work. Employees across all departments can use SolveXia to 
manipulate data to produce auditable, clear and meaningful results.

For more information on SolveXia, please visit https://www.solvexia.com.

EDITOR'S NOTE: For more information or to arrange to speak with a company 
spokesperson, please contact Adem Turgut at adem.turgut@solvexia.com or call 
+612-9386-0202.

SOURCE: SolveXia