WHY SAP USERS NEED SAP INTERCOMPANY FINANCIAL HUB BY BLACKLINE

Advances in credit technology has enabled lenders to move beyond using only traditional data sources when evaluating corrowers. Alternative data has helped lenders get a more accurate picture of a borrower's financial profile. It has also allowed lenders to look beyond prime and super prime borrowers, lenders can now serve borrowers who might otherwise have been overlooked.

Finance and accounting (F&A) operations commonly use business process outsourcing (BPO) to gain efficiencies. Today, finance leaders primarily outsource to get operational flexibility and access to better technologies – two priorities that have become even more critical for finance organizations since the pandemic. CFOs and finance leaders seeking to advance their function's digital capabilities should consider business process outsourcing. This invitation-only, complimentary session will help finance leaders better understand the current BPO market and what you need to consider in partnering with a BPO provider to accelerate your finance digitalization strategy.

For customer outreach to succeed, financial services organizations need higher quality intelligence and execution to drive engagement across channels. Phone calls still play an important role in communicating with customers and are often used first to address urgent or highly sensitive customer concerns. However, customers are now skeptical of calls from unknown numbers due to the substantial increase in robocalls or other fraud, scam, and caller-id spoofed calls.

Every organization is constantly expected to run leaner while becoming more effective. This is especially true for Accounting and Finance, which are required to not only deliver periodic financial data and reports, but also real-time analysis and intelligence. Continuous Accounting enables a more efficient close, more accurate financials, and a more effective organization.