At the beginning of the year: New memes for the finance department! Are you still in the books for 2021 and need a break? Then give yourself one now. The world can wait for a moment, when you might have to wait so often for invoices, approvals and the like, and you are still expected to produce top forecasts and balanced accounts. Sometimes you might ask yourself: How is this supposed to work if not everyone is pulling in the same direction or if there are hardly any workflows? But in the financial sector, one or the other obstacle lurks around every corner. Let’s start with this one:
#1 Do you see double or triple?
How quickly does it happen that invoices end up in the system twice? Maybe you already work with text recognition software (OCR), but two or more of your creditors unfortunately use the exact same invoice number structure? Oh dear.