Nocode for CFOs: when automation and budget management go hand in hand
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The CFO, Chief Financial Officer, has quickly become a key position in successful companies and startups. And this is true regardless of the market in which the organisation operates, since it is the CFO who is responsible for the budgetary efficiency and therefore the good health of the company for which he is responsible.
Did you know that automating financial tasks eliminates 40% of the workload corresponding to accounting in business? đ€Ż
Fortunately, there are many Nocode tools capable of collecting KPIs, automating the most tedious tasks or even creating CRMs and databases connected to the best accounting management software. This saves a lot of time every day and allows the CFO to stay focused on the essential: the growth of his company.
And to become his accountant's best friend. đ
Whether you are a CFO in a small or large company or whether you are self-employed, it is in your best interest to switch toNocode accounting.
1 - Avoiding human error đ€
Managing accounting entries can quickly become a chore and a serious burden on your schedule. Moreover, by doing these tasks manually, a CFO is likely to make a mistake by entering data on the wrong calculation line for example. A Nocode program, on the other hand, will never make a mistake and will save you precious hours in your week.
Unlike traditional software, Nocode tools do not require a developer to configure. With tools such as Zapier, Integromat, Notion or Airtable, CFOs can create automations and connect their favorite software and applications together effortlessly.
2 - Making better decisions đŻ
 By automating most recurring tasks, a CFO will get more data to make strategic decisions. More data in volume, but above all more reliable and of better quality. All the while saving time with Nocode tools. More time to think about the best financial actions to take to improve the growth of his company.
3 - Creating customised accounting programmes with Nocode đ
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Cheaper and more efficient tools for your accounting. That's what Nocode offers you. Unlike traditional solutions on the market, where the CFO of a company pays for a suite of services and functionalities that is partially useless (but still billed), Nocode allows you to create a customized accounting environment.
With tools like Zapier, it is possible to link your favorite applications with specific actions on your needs. For example, to save time, you want to set up a budget tracking system for different departments in your organization.
All you have to do is create a workflow on Zapier that links your Slack account, your email account or any other messaging system with, for example, a neobank account.
A message will then be sent to you, when an action you have determined, such as an executed expense, occurs.
đ Bonus: Some examples of Nocode automation
- Automate the dunning of expense reports in one button with Zapier đȘ
- Generate automated balance sheets by connecting Airtable, Excel with your email đ
- Connect the company's bank account history to its preferred accounting tools with n8n đ
- Adding receipts and invoices in one click with integromat đ§Ÿ
- Automate VAT entry with Zapier âïž
- Automatically transfer the receipt of Invoices by mail, in a dashboard on Airtable đ©
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