Banks Push Tech Initiatives


According to Grant Thornton’s 14th Annual Survey of Bank Executives, more than seven in 10 bankers (73%) plan to increase technology spending in 2007. Respondents cited several technology issues as important to their banks’ success, including:

Protecting customers’ information (96%).
Assuring the security of Internet services (94%).
Verifying systems operations and controlling technology risks (89%).
Complying with regulations (88%).

Source: www.grantthornton.com/banksurvey .

SPONSORED REPORT

2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.