HELPING the CFO

How can FlowForma make your Finance Department Leaner? 

FlowForma Process Automation is the ideal tool to support your Finance department in automating and streamlining everyday financial processes such as CAPEX, employee expenses and PO approval processes.

Process Challenge 1: Expenses Management

For many organizations, expenses management is a real pain point, we're often surprised how many Finance departments are burdened with out-of-date expense systems that don't facilitate workflows. Most of our customers use workflow to accelerate their expenses management process and provide visibility of bottlenecks etc. An expenses workflow in the FlowForma Process Automation tool commences once an employee submits his expense form, moving the claim through the various stages of approval required from the Expenses Manager, Line Manager and CFO.

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Process Challenge 2: Purchase Order Generation

An everyday process, Purchase Order generation can be a time consuming task for Finance departments. We've supported a number of our customers to successfully automate this process with FlowForma Process Automation - enabling staff to easily raise Purchase Orders (PO), complying with specific requirements. Inbuilt form automation facilitates rapid completion of PO's by the initiator and efficient processing of the PO at every stage through to payment and closure.

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Process Challenge 3: Capital Expenditure Process

Lack of visibility for all parties is often a common issue with the Capital Expenditure Approval process. At FlowForma, we recommend bringing this process online with FlowForma's cloud workflow tool and giving everyone the access they need to cut down on those repetitive queries.  

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Process Challenge 4: Customer and Supplier Onboarding

Another time consuming but important process for Finance departments is the onboarding of customers and suppliers. With FlowForma Process Automation, relevant parties can input the required information for example in the case of a new supplier, details such as Company Registration No, Vat No, Accounts Payable Contact Details etc. are captured and added to the Finance System using a FlowForma integrator.