FIS Automated Finance is a comprehensive suite of solutions designed to modernize the office of the CFO, transforming finance departments into strategic advantages.
Vendor
FIS
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FIS Automated Finance offers a robust suite of solutions tailored to address the complex challenges faced by CFOs, finance managers, and heads of finance at large corporations. It aims to eliminate the frustrations associated with manual, error-prone processes, limited visibility, high-stakes security concerns, cumbersome implementations, and complex integrations that often plague financial departments. By leveraging this platform, organizations can transition their finance operations from a cost center to a true strategic advantage. The suite focuses on several key areas, including strategic financial planning through secured forecasting, which helps manage risk and drive informed financial decisions. It also provides automated payment solutions designed to enhance financial transparency and efficiency, significantly cutting operational time and reducing costs by streamlining disjointed systems and labor-intensive processes. Furthermore, Automated Finance improves accuracy in invoice and payment processing by digitizing invoices, centralizing payments, and fostering stronger vendor relationships, thereby minimizing delays and inaccuracies. The platform offers comprehensive tools for managing receivables, payables, and optimizing revenue, all designed to reduce friction, unlock revenue potential, and provide the capabilities necessary for growth. FIS is committed to continually improving these solutions, incorporating expanded AI and machine learning capabilities, enhanced API integrations, advanced cash application automation, and innovative payment options.
Features & Benefits
- Modernize the Office of the CFO
- Transforms finance departments from traditional cost centers into strategic advantages by automating and optimizing core financial processes.
- Strategic Financial Planning & Forecasting
- Delivers solutions for better risk management and drives strategic financial planning through secured forecasting capabilities.
- Automated Payments for Financial Clarity
- Improves payment processes, cutting operational time and reducing costs, while enhancing financial transparency and efficiency by addressing disjointed systems.
- Improved Accuracy in Invoice & Payment Processing
- Digitizes invoice processing, centralizes payments, and fosters stronger vendor relationships, leading to reduced errors and delays.
- Comprehensive Financial Optimization Tools
- Offers a full suite of tools for managing receivables, payables, and revenue optimization to reduce friction and unlock revenue potential.
- Continuous Innovation & Advanced Capabilities
- Features expanded AI and machine learning capabilities, enhanced API integrations, advanced cash application automation, and innovative payment options.