Let’s play a game
Look at your finance team’s to-do list this month and ask yourself:
“How many of these tasks are actual finance work—and how many are just…motion?”
✅ Chasing invoice approvals over email
✅ Verifying foreign exchange rates manually
✅ Pasting ERP data into spreadsheets
✅ Reconciliations that feel like monthly marathons
✅ Vendor email tennis that never ends
Sound familiar? Now hear this:
Mid-market finance teams are losing an entire week every month to this type of work. Not figuratively, literally. A full-time headcount’s worth of hours, month after month, disappears into this manual grind. And most leaders don’t even notice until something breaks.
Manual AP Work = Quiet Margin Erosion
Here’s what’s eating your team’s time:
- 3–4 hours/week chasing invoice approvals
- 4–6 hours/week on multi-entity reconciliation
- 25–34 hours/month verifying FX spreads
- 5–8 hours/week fielding vendor escalations
- 6–10 hours/week syncing ERP data manually
That’s 40+ hours a month doing work that should already be done.
Now think about what your team could be doing with that time: Strategic planning, Cash flow forecasting, Real insight delivery. Instead, they’re updating spreadsheets and waiting on email replies.
“But We Have an ERP…”
Sure. But the problem isn’t the ERP. It’s the duct-taped workflow surrounding it.
If your team is still spending those hours on manual and sometimes automated tasks, then you’ve got a legacy AP process wrapped in modern software clothes. It’s slow, expensive, error-prone, and invisible, until it’s too late.
Your Week, Reclaimed
Finance doesn’t need more tools. It needs better workflow architecture—and a clear look at what’s silently stealing your time.
Finofo’s latest eBook "How Finance Teams Are Losing a Week Every Month—Without Realizing It” unpacks:
- Where your team’s time actually goes
- What best-in-class AP teams are doing differently
- A 5-minute self-check audit to benchmark your workflows
- Practical steps to shift from firefighting to forecasting
It’s more than a guide. It’s a mirror.
Download the eBook + Self-Check Audit
Reclaim the week you didn’t know you were losing.