I know a lot of extremely busy CFO’s and financial professionals who would love to cut their workload AND save 70 percent on costs. In fact, I think they would be begging me for the recipe if I could deliver those results. Well, there is no big mystery – the answer is already right there above us – you guessed it, in the cloud!

In a recent bill.com survey of CFO’s they found that moving the financial process to the cloud can cut the workload in half AND slash costs up to 70 percent!

Among the results:

  • Financial executives are discovering that by moving their AP process to the cloud, they can cut their work by more than half and slash the cost by 50 percent, a saving that amounts to tens of thousands of dollars for many organizations.
  • Another incentive for moving to the cloud is the ability to transition to a paperless work environment. The vast majority of survey respondents (85.5%) said reducing paper was either very important or somewhat important to them.

See the full results and article on Bill.com’s site here:

Press Release: 10/15/12 Bill.com CFO Survey Finds That Moving Financial Processes to the Cloud Cuts Workload In Half