Unlock Financial Agility: Simplify Accounts Payable with Basware and Deloitte

Deloitte Lights Out Finance™ & Basware

Lights Out Finance™ represents a paradigm shift from automating task-specific processes to running autonomous finance operations. By harnessing advanced technologies this initiative aims to eliminate manual tasks, reduce errors, and improve productivity. The initiative encompasses various operational finance processes, including transforming AP operations. 

The Foundation of Lights Out Finance™ enables the transformation of the finance function from traditional transactional processing to a more strategic, agile, and data-driven entity. This rests on three PPT (People, Process, Technology) key pillars: 

• Next Generation Roles and Skills     
• Clean Data and Standardized Processes   
• Seamless Integration and Real-time Data Availability  

The Deloitte Lights Out Finance™ initiative, with its alliance partner Basware focusing on AP operations, revolutionizes the way organizations manage their accounts payable processes. By leveraging Basware’s AP automation, 100% data capture, touchless invoice processing and analytics and insights, businesses can achieve greater efficiency, accuracy, and cost savings within their AP. Embracing Lights Out Finance™ for AP and supported by Basware empowers organizations to enhance AP operations, strengthen supplier relationships, and drive overall financial optimization.