How Ameren Is Harnessing ABBYY Intelligent Automation to Revamp Finance & Accounting Processes - Exclusive Update From the Official ABBYY Blog

How Ameren Is Harnessing ABBYY Intelligent Automation to Revamp Finance & Accounting Processes - Exclusive Update From the Official ABBYY Blog

Edward Lv13

How Ameren Is Harnessing ABBYY Intelligent Automation to Revamp Finance & Accounting Processes - Exclusive Update From the Official ABBYY Blog

Back to ABBYY Blog

Energy Company Ameren Transforms Finance and Accounting with ABBYY Intelligent Automation Solutions

August 30, 2021

Pandemic-induced remote work, along with the need to reduce costs and respond quickly to market shifts, have all heightened the importance of having automated processes in place to enhance agility and efficiency, particularly in Finance.

Watch on-demand to learn how to transform Finance and Accounting with intelligent automation.

The volatile situation accelerated efforts within the energy sector, among others, to focus on improving cost-efficiency through automation, stabilizing recovery efforts and strengthening capabilities moving forward. According to Gartner’s 2021 CIO Survey , 71 percent of oil and gas business leaders are asking their CIOs for more strategic insight and action, further confirming the convergence of requirements between technology and business.

Finance operations were under great strain during the past year, and finance leaders realized that the digitization efforts implemented prior to the pandemic were insufficient to keep cash flow moving, and quite frankly, contributed to many of the challenges they faced. Intelligent automation is a strategic initiative that leverages AI and Digital Intelligence capabilities to maximize accounts payables.

Bruce Orcutt, Vice President of Product Marketing, ABBYY

Ameren, a US-based energy company, set out to transform its Finance organization as a way to streamline operations and give back hours to its employees. Joe Rolfes, Senior Manager of Automation & Innovation at Ameren, joined ABBYY and shared how he and his team determine:

  • where to automate;
  • the best intelligent technologies to deploy; and
  • how to measure a project’s success.

To date, Ameren’s Center of Automation has provided more than 50,000 hours of savings to business partners through process automation.

You don’t want to just move a bad process from one system into another system. If you’re really going to transform, you need to look at ways that you can optimize your resources through efficient processes, and automation is one of those resources that you can use to increase the efficiency in that organization, in that transformation.

Joe Rolfes, Senior Manager of Automation & Innovation, Ameren

Watch the discussion between Daneen Storc, Director of Strategic Alliances Marketing at ABBYY, and Joe Rolfes, the leader of Ameren’s Center of Automation, as they explore Ameren’s intelligent automation journey.

Watch now

Intelligent Automation Intelligent Document Processing (IDP) Finance & Accounting

Like, share or repost

Share

Subscribe for blog updates

First name*

E-mail*

Сountry*

СountryAfghanistanAland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBritish Virgin IslandsBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongo (Brazzaville)Congo, (Kinshasa)Cook IslandsCosta RicaCroatiaCuraçaoCyprusCzech RepublicCôte d’IvoireDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard and Mcdonald IslandsHoly See (Vatican City State)HondurasHong Kong, SAR ChinaHungaryIcelandIndiaIndonesiaIraqIrelandIsle of ManIsraelITJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea (South)KuwaitKyrgyzstanLao PDRLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacao, SAR ChinaMacedonia, Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia, Federated States ofMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNetherlands AntillesNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorthern Mariana IslandsNorwayOmanPakistanPalauPalestinian TerritoryPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRomaniaRwandaRéunionSaint HelenaSaint Kitts and NevisSaint LuciaSaint Pierre and MiquelonSaint Vincent and GrenadinesSaint-BarthélemySaint-Martin (French part)SamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSurinameSvalbard and Jan Mayen IslandsSwazilandSwedenSwitzerlandTaiwan, Republic of ChinaTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States of AmericaUruguayUS Minor Outlying IslandsUzbekistanVanuatuVenezuela (Bolivarian Republic)Viet NamVirgin Islands, USWallis and Futuna IslandsWestern SaharaZambiaZimbabwe

  • I have read and agree with the Privacy policy and the Cookie policy .

  • I agree to receive email updates from ABBYY Solutions Ltd. such as news related to ABBYY Solutions Ltd. products and technologies, invitations to events and webinars, and information about whitepapers and content related to ABBYY Solutions Ltd. products and services.

I am aware that my consent could be revoked at any time by clicking the unsubscribe link inside any email received from ABBYY Solutions Ltd. or via ABBYY Data Subject Access Rights Form .

Referrer

Last name

Query string

Product Interest Temp

UTM Campaign Name

UTM Medium

UTM Source

ITM Source

GA Client ID

UTM Content

GDPR Consent Note

Captcha Score

Page URL

Connect with us

  • Title: How Ameren Is Harnessing ABBYY Intelligent Automation to Revamp Finance & Accounting Processes - Exclusive Update From the Official ABBYY Blog
  • Author: Edward
  • Created at : 2024-08-22 07:30:12
  • Updated at : 2024-08-23 07:30:12
  • Link: https://vp-tips.techidaily.com/how-ameren-is-harnessing-abbyy-intelligent-automation-to-revamp-finance-and-accounting-processes-exclusive-update-from-the-official-abbyy-blog/
  • License: This work is licensed under CC BY-NC-SA 4.0.