AI is changing finance operations – but are companies actually ready?

AI is revolutionizing finance, from automated transactions to predictive analytics. But technology alone isn’t enough—organizations must adapt processes, data management, and skills to fully benefit. This article explores the gap between AI tools and organizational readiness, and why successful companies redesign workflows rather than just adopt technology.

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Transforming workplace spending at Victory

Victory are a leading manufacturer of holiday homes and lodges employing more than 350 people in design, servicing, sales, and more, with clients across the UK and EU. All employees need to make reactive purchases to buy goods and services for work. 
 

Before, expenses were handled manually with paper receipts and excel based expense forms, with emails to managers for approval. It was time-consuming and put a strain on the finance team who spent hours processing claims each month. With accountabl, Victory removed manual claims, reduced paper, and could analyse all their expenses in a single place.
 

The finance team now collate, analyse, and post a single invoice per month, users can submit receipts at the point of purchase, while managers can approve on the go via the app. Reducing the burden on operational and finance workers. 

“Accountabl has completely transformed the way we manage staff spending. It was a big change, but the accountabl team are very supportive. We wouldn’t dream of going back to the days of floats and petty cash.”

Joanne Evans, Finance Manager, Victory Leisure Homes.

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