An elite group of companies (26% of those surveyed)—“Masters”—is ahead of the rest when it comes to the automation of finance processes and have an agreed transformation strategy in place.

“Masters” display very different levels of automation maturity in comparison with “Novices”—companies that lack plans for a finance automation strategy, or have plans but no strategy.

But what are the differences between Masters and Novices when it comes to the approach they are taking and the challenges they face in implementing automation?