Finance digital transformation can feel overwhelming for many finance teams. The idea of moving away from familiar, manual processes is often pushed to the bottom of the to-do list. But the shift toward automation is accelerating, and more companies are making the leap.

According to a recent Workday blog, 98% of CEOs in corporate finance believe AI and machine learning already provide immediate business value. That’s a clear sign that change isn’t just coming—it’s here.

So, how can you make the move confidently and get your team on board? At Telic, we help finance teams across industries navigate this shift with less stress and more success.

Start small. Focus on areas with the most significant impact. Let automation handle the repetitive work, allowing your team to focus on what truly matters.

How to Identify the Right Finance Tasks to Automate

Finance teams should start by identifying the tasks that take the most time and are most prone to human error. Automation can efficiently handle processes such as invoice handling, account reconciliation, and data entry with greater accuracy and consistency. Tools such as robotic process automation (RPA) can process thousands of transactions in real-time, facilitating financial operations.

These tasks are essential for maintaining cash flow, but they’re also repetitive and resource-intensive, making them perfect candidates for automation.

However, instead of trying to overhaul your entire finance function all at once, start with one area where automation can make a significant difference quickly.
For example, automating cash allocation can enhance both speed and accuracy, allowing your team to focus on more strategic, high-value work.

Why a Strong Business Case Should Come First

Before introducing any new technology, it’s important to build a clear business case. Consider the current inefficiencies and the time spent on manual processes. Ask questions that relate to cost and delays, too.

Telic’s automation solutions, delivered through Tungsten, can help finance teams become less reliant on spreadsheets, paper trails, and disconnected systems.

Finance Digital Transformation Supports People—It Doesn’t Replace Them

One thing is clear: finance leaders need to communicate that AI tools are here to support, not replace, human roles. The goal is to enhance how people work, not eliminate their jobs.

By automating routine tasks, teams can focus their energy on driving strategy and supporting business growth. With proper training, even employees without a technical background can adapt to new systems, unlocking new opportunities for growth and development.

Getting your team involved early in the process is key. After all, successful digital transformation depends just as much on people and culture as it does on the technology itself.

Choose Finance Digital Transformation Tools That Grow With Your Business

Choose a solution that can grow with your business. For example, Telic’s cash allocation software is highly configurable, allowing you to add features like supplier onboarding, workflow automation, and advanced reporting as your needs evolve.

Automation also builds resilience. When team members move into new roles or leave, the rules and workflows built into the system remain in place, ensuring operations continue to run smoothly.

Digital transformation isn’t a one-off project; it’s an ongoing journey. The goal is to drive meaningful progress by making processes faster, improving data reliability, and empowering your teams. By starting with key pain points, involving your people, and choosing flexible tools, finance leaders can lay the groundwork for long-term success.

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