What? You don’t like your job?
Finance leaders seem to be bucking the “Big Stay” trend of prioritizing stability at work. According to our data, it seems finance professionals are a particular flight risk.
-
More than half (55%) of finance professionals said they are burned out
-
58% of finance professionals in the US are looking for a new job
-
71% of finance professionals in the UK are looking for a new job
This is boring.
As many as 87% of finance professionals are responsible for replying to vendor emails, answering an average of 28 such emails each day. This translates to an average of six hours a week replying to vendor inquiries about invoices. Each full-time finance team member is responsible for 26,045 invoices a year.
What would you do if you didn’t have to do everything?
People want a better work/life balance, challenging work, and clear progression. Tedious tasks simply don’t fit in. Autonomous AP, on the other hand, fits perfectly — helping employees grow in their roles and clearing the path to progression. Automation is making an impact and 94% of respondents said they are happy with the adoption of AI.
- As a result of automation, the finance professional has more time for innovative strategies – 54%
- The finance professional performs different activities than before due to automation – 53%
- The finance professional now works completely digitally; there are no more paper processes – 53%
What are the main impacts of automation on the role of the finance professional?
