Meet Frictionless Finance
Discover the latest evolution in financial performance.
The role of Finance is about so much more than just reporting on organizational performance. It’s also about accelerating growth through operational excellence, and transforming enterprise-wide finance processes to be future-proof.
That’s where Frictionless Finance comes in.
What is Frictionless Finance?
Frictionless Finance uses AI-powered Process Mining technology to eliminate process friction — bottlenecks, manual rework, system errors — and continuously optimize performance.
CFOs and Finance leaders across industries are harnessing the power of Process Mining to pinpoint and purge friction from finance processes like never before. This helps them understand where working capital is tied up, which process steps are holding back productivity, where the best opportunities for digitization and automation are, and which processes are compliant with standards.
Join them.
How to Accelerate Operations with Frictionless Finance
Learn how CFOs and Finance leaders across the globe are using Celonis Process Mining to gain an objective view of how their processes truly run across disparate systems and siloed departments. Only by discovering, enhancing, and monitoring their processes can they achieve truly Frictionless Finance.
Discover
Get an as-is snapshot of your Finance processes by connecting any operational system. Visualize the way your processes really work and identify friction points in Payables, Receivables, Procurement, Supply Chain, and more.
Enhance
Use our AI-powered business rules engine to maximize business outcomes, like On-Time Payments, Reducing Rework, Automating Manual Tasks, and Touchless POs.
Monitor
Track process improvement over time and ensure processes are always "audit-ready" with conformance checking. Measure progress toward key goals like Optimizing Working Capital, Digitization, and Employee Productivity.
“You can set up new AI capabilities to alert your business automatically of any potential risk headed your way, along with suggested actions to take based on patterns collected from your systems, and the forecasted outcomes of those actions. This is one of the most exciting benefits that process mining brings - especially to CFOs.”
See How EDP Removes Friction from Finance Processes
At EDP, "digital is a people thing." As a global leader and innovator in the energy sector, Energias de Portugal (EDP) is undertaking a massive digital transformation of their business processes.
EDP's centralized Digital Unit worked with Finance and other business units to embed Celonis as a key operational tool, which has accelerated their ability to streamline processes and deliver faster, more reliable services enterprise-wide.
Where is the Friction in Your Finance Processes?
Take this 3-minute quiz to determine the most impactful process improvements you need to make to achieve Frictionless Finance.
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