Upgrading your billing isn’t about investing in a new piece of software and waiting for the magic to happen. To bring real business value, your new solution needs to be smoothly integrated with the rest of your tech stack.
Unfortunately, this is not always the case. A survey among financial leaders reveals that:
32% of CFOs say lack of integration with other business systems hinders their company’s billing efficiency.
61% name efficiency through digitalization and AI as a top priority for their finance departments in the near future.
This presents a bit of a dilemma. Because, as Billogram’s Value Engineering expert Magnus Ekenstam points out in this article on how to integrate your financial systems, you can’t tap into the full potential of AI tools without structured and reliable data flows – which requires well-functioning integrations.
The solution, according to Magnus? Implementing an API-based SaaS solution that integrates seamlessly with your existing systems:
“That way, you can achieve real-time automation across every stage of your Invoice-to-Cash flow, without having to launch a massive tech project.”