THREE REASONS FINANCE LEADERS WILL RELY ON RPA AND MACHINE LEARNING TO STREAMLINE T&E

Sponsored by SAP Concur
DATE: MONDAY, MARCH 30, 2020
TIME: 2:00 PM ET
DURATION: 1 HOUR

Webinar Summary

From the perspectives of finance teams, employees, and internal auditors, the need to simplify management of T&E has never been greater, especially amid a proliferation of ride-hailing apps and alternatives to traditional hotels. Finance teams have to account for a growing variety of ways employees incur T&E expenses, and employees need to stay current on their companies' criteria for approving expenses. At the same time, internal auditors have to remain vigilant with flagging errors and fraud while maintaining regulatory compliance.

Enter robotic process automation (RPA) and machine learning. With RPA, finance teams can automate routine and repetitive tasks, such as gathering employees' expense data from travel and lodging apps. With the help of machine learning, internal auditors can detect and prevent fraud, errors, and regulatory noncompliance far more quickly than they can on their own. As a result, companies can trim employees' timeframes for submitting T&E expenses while shortening timeframes for reviewing and approving these expenses. 

During this webinar, we will highlight why finance leaders will increasingly depend on RPA and machine learning to improve the accuracy and efficiency of T&E expense management so that:

  • Finance teams can reduce the amount of time and resources necessary to gather, review, and approve employees' expenses, 
  • Internal auditors can accelerate the speed with which they flag and mitigate risks of fraud, errors, and regulatory noncompliance, and
  • Finance leaders can improve their companies' visibility into and control over employees' T&E expenses.

About the Panelists

Bryan DeGraw, Associate Principal, Finance Advisory Services, The Hackett Group
 
Bryan has more than 25 years of experience focused on core finance disciplines that include enterprise business planning, end-to-end business process creation, continuous improvement program management, cost reduction, cost management, and financial analysis. Working in corporate management and consulting, he has led projects and people while defining and transforming back-office finance and customer-facing business processes.
Richard Gardner, Director, Business Transformation Practice, The Hackett Group
 
Richard Gardner has more than 15 years of business analysis and transformation experience. His focus is on streamlining finance as well as sales, general, and administrative (SG&A) processes, including order-to-cash processes, procure-to-pay processes, and shared services. His responsibilities encompass project planning, coordination of global delivery teams, project execution, development of performance improvement plans, process redesign, and systems implementation.

About the Moderator

Joe Fleischer, Editorial Director, Finance Channel, Argyle Group
 
In his role as finance channel editorial director with Argyle Group, Joe Fleischer focuses on developing webinars about topics that reflect the primary concerns and priorities of senior finance executives. He is based in New York.
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Field of Study: Finance
Level: Intermediate
Prerequisite: None
Advance Preparation: None required
Delivery Method: Group Internet-based
Recommended CPE Credit(s): 1 


To be eligible to earn one CPE credit, you must answer at least three polling questions while attending the program for a minimum of 50 minutes. 



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