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CFO

SEMINE increases the efficiency of the finance department, the quality of the output, and the strength of decision-making.

Competitive advantage

Although CFOs have had great ambitions to automate the finance function, development has so far been slow. Companies that are now learning to use artificial intelligence to achieve their business goals will therefore be able to pull away from their competitors in terms of performance, creating a gap that the laggards may never be able to fill.

In-depth oversight

Every CFO is dependent on precise and up-to-date information about their company's financial situation. Artificial intelligence provides access to real-time data and immediate insight – even for invoices that are still being processed. And of course, richer, more structured data means better, more effective decisions, supported by solid facts and figures. It also goes without saying that by using AI in accounting, accounts can be closed just a couple of days after the end of the month.

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Deeper analysis

Companies receiving live feed with richer relevant data, fully structured, can create reports and dashboards that opens up for new business areas, negotiation opportunities, or measuring important KPIs to continue in the right direction or make swift changes.

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From tedious manual work to quality automated financials

A fully automated finance function creates a positive loop of efficiencies. It removes the need to undertake tedious, manual tasks, freeing up time that the department can use on more valuable initiatives, and opening up much more efficient processes across the wider organisation. 

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Opportunities

Processes become less dependent on people. From the time invoices arrive until they can be sent out for approval, advance fees can be replaced with cash discounts, and the company gets a better and more up-to-date overview of liquidity and costs, to name a few benefits. CFOs who continue the development towards a future with fully automated accounting processes open the way for enormous value creation in the rest of the organisation in the years to come.

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Key Features

Visibility
Productivity
Impact
Quality
Savings
Visibility
Productivity
Impact
Quality
Savings
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Visibility

Quality, real-time data and intuitive dashboards allow for a greater understanding of department operations.

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Productivity

Fewer mundane, repetitive tasks lead to a happier, more productive workforce.

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Impact

Time saved through automation allows teams to contribute to higher value, more strategic tasks.

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Quality

Fewer human touchpoints mean fewer human errors, resulting in more accurate, efficient data and smooth workflows.

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Savings

Thanks to SEMINE’s scalability, you can take on more work without needing to hire additional human resource.

Customer story

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KLP: Switched to SEMINE - saved time and improved invoice processes

KLP wanted an efficient and secure invoicing system that was easy to use and worked well with SAP.

Read more

Use Cases

Process Optimisation
Auditing and Compliance
Digitalisation
Insights and Analytics
Business Performance
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Process Optimisation

SEMINE simplifies complex and varied processes to empower finance teams with touch-less accounting. Benefit from hyper automation and 100% accuracy.

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Auditing and Compliance

A higher degree of automation means less human intervention and a reduced risk of error. Benefit from a full audit trail, line-based VAT code prediction and more.

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Digitalisation

Even if your business is currently very manual and paper-based, SEMINE has been proven to transform and elevate processes to a high level of automation and digitalisation.

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Insights and Analytics

SEMINE’s high-quality data makes it easier to make decisions that can save costs and improve liquidity. Better insight provides better compliance too.

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Business Performance

Use insight from line-level data to inform better business decisions that truly optimise performance. SEMINE gives you access to unprecedented levels of detail and oversight.

Semine news

The latest updates, insights, innovations and media coverage from Semine

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Semine participates in Agenda CFO Semine participates in Agenda CFO Read more
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Would you like to join our team? Would you like to join our team? Read more
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Semine enters Finland to empower finance teams with AI automation Semine enters Finland to empower finance teams with AI... Read more
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In 2024, Semine is taking on the world In 2024, Semine is taking on the world Read more
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Semine's Rebranding: Putting People at the Heart of AI Transformation Semine's Rebranding: Putting People at the Heart of AI... Read more
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Here’s what our customers have to say

Book a demo

 

See for yourself how SEMINE is revolutionising the finance sector.

Book a 20-minute non-binding video meeting with us. We will assess your situation and needs while giving you the opportunity to see for yourself how SEMINE works through a brief demonstration.

Book now

Additional resources that might be of interest to you

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Alti Forvaltning: Automating Accounting with SEMINE Read more