Password reset email sent. Please check your email inbox or spam folders. If you have not received an email, please get in contact with us.
Password reset success. Click here to Login.
Pegasus Software's General Manager, Stuart Anderson, examines how the role of finance is evolving and why technology advancement has an integral part to play in optimising this transition.
The pace at which business is changing is accelerating before our eyes. Few industries can claim not be operating in a faster, more dynamic marketplace, where agility is key for competitiveness and performance.
Digital is of course intrinsic to the level of agility necessary in this new era. But the pace of adoption varies substantially from one business to another.
SMEs often find themselves behind the curve when it comes to technology investment as other priorities vie for a greater share of spend. However small to medium sized organisations often have the advantage of being lighter and more able to embrace digital tools to expedite process and fast track value.
Nowhere is this more evident than in finance, where FDs are fast becoming data powerhouses and intelligence gatherers. This new beat sees a shift away from being record keepers, and a renewed focus on automation for resource recreation.
Opera 3 SE is supporting thousands of FDs in making this transition, providing visibility, automation and one version of the truth from which to inform decision-making and planning. And complementing and supercharging its capabilities further is the upcoming launch of AP Automation and Procure 2 Pay capabilities.
This extension to Opera 3 SE creates an automated procure-to-pay (P2P) workflow that transforms the way procurement and accounts payable is managed. It streamlines the entire purchase-to-pay (P2P) process from the acquisition of goods and services through to final supplier payment and gives procurement teams complete visibility to process invoices quickly and make smart budgeting decisions.
Through having easy access to the right information and the right tools to derive optimum levels of business value from the increasing amounts of data generated by businesses today.
The entire process, from purchase requisition, approval, purchase order creation, goods receipt, invoice capture and matching, posting, payment and reporting, is fully automated. The visibility and efficiencies this brings to the finance department allows resources to focus on revenue-generating opportunities and innovation, supporting this evolution.
The fact that this powerful combination crunches through a raft of complex and cumbersome paperwork to streamline information flow is a game changer for finance personnel.
Because the system takes care of the data input and processing, finance teams can focus on creating a culture of data analysis, with resources focused on strategy and innovation rather than keying items into a spreadsheet.
Investing in the right technologies at the right time is key. The levels of insight that technology can uncover optimise operations, grounding crucial business decisions in solid, factual foundations and fostering a culture of rapid response decision-making, helping to shape the strategic agenda of the business. Where finance professionals used to look in the rear-view mirror for their information, now they’re very much focussed on what’s ahead.
Posted On: August 11, 2025
