White paper
Spend Management Transformation in the AI Era: A Framework
In the era of AI-driven digital transformation, traditional finance processes are becoming obsolete.
Contributors
Philippe Sahli
Co-founder & CEO, Yokoy
Thomas Inhelder​
Co-founder & CFO, Yokoy
Rachel Steding
Head of Customer Success, Yokoy
Gordan Grcman
Senior Implementation Manager, Yokoy
What's inside
Three years into the decade of efficiency gains, the finance world is taken by storm. The emergence of new technologies like AI is causing a massive, irreversible change in the way businesses operate, and the finance department is no stranger to such change.
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In the era of AI-driven digital transformation, traditional processes are becoming obsolete, and finance teams can no longer be simple number crunchers. Their role needs to evolve into true strategic partners driving business growth by embracing new technologies, championing innovation, and optimising their operations to maximise profitability.
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As companies grapple with increasing complexities and rising competition, they must recognise the transformative potential of artificial intelligence to stay ahead of the curve.
The white paper covers:
The goal of this white paper is to delve into the realm of enterprise spend management in the AI era, addressing the challenges faced by finance teams amidst ongoing digital transformation, and providing a framework for AI-driven finance transformation.
By reading it, you will learn:
- What the AI era means for the finance department
- Why the AI-driven transformation of finance starts with spend management
- Challenges in a traditional spend management process
- Yokoy's framework for AI-driven spend management transformation
Download the white paper to read further.
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