DataBlend’s finance-focused iPaaS solution makes it easier for finance and accounting departments to automate the flow of data across all your applications. While there are many benefits to implementing an iPaaS solution, such as DataBlend, one of the biggest benefits of iPaaS is to free organizations of bottlenecks imposed by cumbersome, point-to-point and/or manual integrations.
Three additional strategic business benefits of finance integration and automation are to improve scalability, increase department efficiency, and improve data accuracy.
Improve Scalability
The flexibility and scalability of iPaaS is limitless. As your organization grows, your finance team can manage integrations with less effort. iPaaS reduces the amount of manual work your team needs to do when applications don’t natively integrate. And very often, iPaaS provides more robust integration compared to out-of-the-box integrations offered by the software publishers of applications like ERPs, CRMs, and HR/payroll.
With an iPaaS solution, you can easily add integrations without a heavy implementation process. It’s easy to select new connectors for a particular application and upgrade the subscription to include the new integration.
Increase Department Efficiency
Integrations and automations can streamline finance and accounting processes. By utilizing an iPaaS solution, finance and accounting departments can operate faster because they have access to the data they need when they need it. Finance and accounting teams can do more, do it faster, and do it with fewer errors.
Improve Data Accuracy
Manual data entry is still an integral part of many accounting processes. People make mistakes. It’s inevitable – especially when the tasks are mundane and repetitive. When integration are handles manually via spreadsheets simple mistakes like transposing account numbers, entering wrong invoice amounts, and posting items to the wrong place (expenses to income or vice versa) can have huge impacts.
Simple accounting errors from poor integration processes can become huge nightmares. By automating accounting processes with an iPaaS solution, like DataBlend, you can reduce human errors significantly. They become next to null.
Learn why DataBlend is trusted by finance and accounting departments at over 500 companies that need fast, reliable, and secure integrations between their everyday applications.
