We were delighted to give an interview for "FUTURECFO", a platform for the current and next generation of finance leaders and professionals. Our Head of APAC, Chee Leong Lee, explained how companies embarked on their automation journey in the thick of the pandemic. How COVID influenced the expense management system? Why do companies implement hybrid working models? How to transform your data into a profit center? This and much more you can find in the following article.

Data visualization is the representation of data or information in a graph, chart, or other visual format. It communicates relationships of the data with images. Today, information is better absorbed if it is presented in the form of beautiful diagrams and graphs. So, why is it important for companies to use data visualisation techniques and how to use it - that's what we'll talk about.

How many times have you been forced, in your company's accounting, to manually enter data from an expense report on your computer? With a valid detection rate of 99% according to the Researchgate study published in 2017, Optical Character Recognition can change your daily life: here's how this revolutionary business process works.

As digitalization becomes our new reality, more and more companies are adopting modern technology, such as expense management software. Expense management software holds data like employee names and details, corporate credit card information, transaction statements and financial history. You can see that the tool is equipped with a lot of useful and sensitive data. Therefore, companies should be careful when choosing the solution. This step should be taken to identify and assess risks that could potentially expose your system to cyberattacks. So, why and how your expense management tool should be secured from data breach?

How to establish sustainable travel and expense policy Today, if we hear terms like “sustainability” and “innovation” in every media, not all of us are aware of what sustainable development really means.

As it is already noticed by everyone,  we are currently in the period of another digital revolution, which is driven by data – generated and processed in huge quantities. The value and role of Business Intelligence increase as the importance of data grows. Data is being more frequently taken into account when making decisions and handling business processes as in medium companies as in big enterprises. 

Accounting is a crucial aspect of your company's success. Automation and Artificial Intelligence (AI) now allow you to optimize accounting, from expense management to VAT reporting. 

After facing the pandemic situation the economic crisis is raging, it became clear for companies  to reduce the budget related to employee's travel expenses - both for sanitary and budget reasons. However, one must be careful as this charge revision must not have negative consequences on the operational efficiency of the company. So, how can this be done? Jenji gives you a few pieces of advice: