Forrester Research found that 74% of European organizations believe that they still are not fully prepared for the arrival of GDPR. Organizations that fail to comply with GDPR will occur hefty fines, so if you aren’t already taking steps to prepare for its arrival, then it’s time to start.
GDPR affects any organization that possesses personal data of EU residents. For finance departments, there are a number of actions that need to be taken to ensure GDPR compliance.
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AP and finance teams that are already leveraging RPA are experiencing powerful benefits across a number of dimensions including reduced costs, improved compliance, quality/accuracy, and productivity.
Procure-to-pay automation systems enable organizations to save over $11 on every invoice that they process. This white paper focuses on the drive for implementing a third-party P2P solution and integrating it with Oracle. Download now to find out more.
Organizations are beginning to realize the importance of vendor management, with it amongst the top procurement initiatives for 2021. Those that have already prioritized vendor management, are experiencing a number of improvements in areas that include supply chain efficiency, vendor relations, compliance, and risk reduction.