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Blogs by Exela FAO

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Catch up with the latest activity from the finance world in our recent articles.

Procure to pay best practices that fortune 100 cfos use | Exela fao blog

Procure to pay best practices that cut processing costs by 40%

Most finance teams approach procure to pay optimization backwards. They automate individual steps instead of redesigning the entire workflow architecture....
finance and accounting outsourcing top ten faqs blog exela fao

Top 10 FAQs about finance and accounting outsourcing with Exela FAO

Let’s be honest. You’ve been thinking about finance and accounting outsourcing for months now. Maybe even years. Every month-end close feels like climbing Mouant Everest. Your team works weekends. Again. The CFO asks for real-time insights, but nine times out of ten, your people are doing data entry. Does this sound familiar?

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finance and accounting outsourcing AP/AR automation implementation checklist full guide 2025 edition

The complete 2025 AP/AR automation implementation checklist (Part 4/4)

What happened in Part 3? We covered all the various implementation scenarios and learned a bit more about how the human factor plays a significant role in AP/AR automation efforts. We also learned how to measure success and the different ways you could future-proof your success. Now, we continue with the fourth and final part of this practical guide series.

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exela fao blog on why accounting month end close still takes 8+ days and what enterprises can do to fix it

The team works late, yet the accounting month end close drags on for 8 long days. If that sounds familiar, you are not alone. Finance leaders across the US report the same grind, even after years of system upgrades.

finance and accounting outsourcing automating accounts payable and receivable full guide 2025 edition

If you're still manually processing invoices and payments in 2025, you're burning money. Not just a little. A lot. Finance teams automating accounts payable and receivable are processing invoices at $2-3 per document. Manual processors? They're spending $15-20 each.

exela fao suite order to cash solutions and robotic process automation o2c rpa exception management

Your best bot just met a dirty invoice and crashed. Tough. That pristine automation you spent six months building? It just choked on an unexpected decimal point in a spreadsheet cell. Your much-hyped RPA initiative now sits idle while humans fix the mess.

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