Automate 50% of finance: a guide for the office of the CFO

Gartner reports that CFOs expect 50 to 80 percent of today's finance work to be automated by 2030. Most finance teams still open the month by exporting from the ERP and rebuilding the same pivot tables, which is why the target sounds more like a slide than a plan.

This guide, written by Kyle Herold, Principal, Finance & Planning Applications at Sigma, explains why the target is reachable now and how Sigma, running on the Databricks data you already own, gives finance one governed place to automate from. It also covers what will always stay with finance, and which single process to start with if you want a result in days rather than quarters.

What's inside:

• Why 96% of finance teams still plan in spreadsheets every week, even with a planning system in place
• What changed so that AI and automation can work on finance data now
• Why waiting for each vendor to add AI keeps your team exporting and tying out by hand
• The parts of finance that no amount of automation should take from you
• Customer results, including reporting prep cut from 12 business days to 9 and accrual automation time cut by 80 to 90 percent
• Three starting points for your first automated process: the monthly reporting package, budgeting and forecasting, or close acceleration

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