Automating the ‘last mile’ of finance

Brian Vondran, corporate controller at RTI Metals, highlights how his organisation is streamlining the financial close using the AFRM solution in OnBase, explaining that “AFRM works by taking all of those closed processes that we used to have to have in a notebook, in an Excel file, or taped on somebody's file cabinet, and pulling them into a database that has visibility in all of our end users.” The value the solution provides is that “you don’t have to wait for team members to update the checklists or for a close meeting to get status updates.” The controller, the CFO and various other managers can see where they are in the close process at any given time and the people in finance always knows what they need to do to complete it.

Read the FSN article here

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