Connect with us

Technology

AI at a Crossroads: 2025 Document Automation Trends Show Divide Between Automation Potential and Operational Fears

Published

2 years ago

on

LONDON, Nov. 19, 2024 /PRNewswire/ — Despite significant strides in document automation, a new report from Rossum finds that 58% of finance leaders still consider Excel their most often used tool for automating financial tasks, underscoring the challenges enterprises face in adopting advanced automation solutions. Document Automation Trends 2025, Rossum’s latest industry report, provides a deep dive into the evolving priorities and obstacles finance leaders encounter as they transition toward a digital future, offering insights into their perspectives on document automation.

Based on survey data from over 470 finance executives across the US, UK, and Germany, the report highlights that cost is the most significant barrier to implementing automation in finance operations, with 32% of leaders identifying it as a top challenge. Additional hurdles include complex tools, poor integration, and lengthy onboarding times, revealing the considerable obstacles finance teams face as they strive to modernize their processes.

Rossum’s Document Automation Trends 2025 report empowers finance leaders with actionable insights and KPIs to navigate automation’s opportunities and challenges. Offering strategies for AI integration, cybersecurity enhancement, and scalable automation, this report is a crucial tool for leaders seeking to future-proof their finance departments.

Key Findings from Document Automation Trends 2025:

Excel’s Persistent Grip on Finance Automation
Despite the availability of advanced automation platforms, Excel remains the dominant automation tool for 58% of finance leaders. This reliance points to a gap between awareness and action, leaving untapped opportunities for efficiency and digital transformation within finance departments.Cybercriminals Are Adapting Faster Than Enterprises
As technology advances, finance leaders are increasingly aware of the risks associated with cybercrime. The report reveals that 27% of respondents feel the risks outweigh the benefits of AI and automation in finance. This finding underscores the urgent need for AP departments to adopt AI-powered defenses and proactive cybersecurity measures to safeguard against evolving fraud tacticsSelf-Perception as “Luddites” Among Finance Leaders Hinders Innovation
The survey reveals a concerning condition: 46% of finance leaders label themselves or their departments as “Luddites,” reflecting a reluctance to embrace automation and innovation. With finance roles rapidly evolving beyond traditional bookkeeping, this mindset poses a significant barrier to progress. To unlock the full potential of automation, finance leaders must shift toward a proactive, innovation-driven approach, positioning themselves as strategic partners in driving business success.

Featured Experts Offer Strategic Insights
The report features insights from prominent industry voices, including Kieran Gilmurray, CEO of Kieran Gilmurray and Company Limited, who emphasizes AI’s potential as a collaborative force rather than a replacement for human roles, and Andreas Welsch, Chief AI Strategist at Intelligence Briefing, who advocates for AI as an embedded strategic partner in finance operations. Also featured is Dan Lucarini from Deep Analysis, warning that without an AI automation plan, finance teams risk lagging behind.

For more details on the full report and to download your copy, visit Rossum’s website.

About Rossum
Rossum leads the charge in intelligent document processing. Delivering an advanced transactional document automation platform to 450+ enterprise businesses across the globe looking to tame document chaos.

Focused on driving unmatched productivity and accuracy, Rossum’s AI-first, cloud-native approach transforms business workflows end to end, addressing risks, enhancing business relationships, and unlocking real-time strategic insights from transactional data. The platform’s adaptive design seamlessly integrates human expertise and technology, offering enterprises a tailored solution for optimal return on automation. Explore the possibilities at rossum.ai

About the data: The data for this survey is based on online interviews with members of the YouGov panel who agreed to participate in advance. A total of 473 people were interviewed for this survey between 24.09. – 02.10.2024 in the countries UK (167 interviews) US (156 interviews) and Germany (150 interviews).
The survey was conducted among company decision-makers (at least senior managers) with responsibility in accounting. The survey is not representative.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-at-a-crossroads-2025-document-automation-trends-show-divide-between-automation-potential-and-operational-fears-302306188.html

SOURCE Rossum

Related Topics:
Continue Reading

Technology

Corvex to Host Third Quarter 2026 Earnings Call on Thursday, November 12, 2026

Published

47 minutes ago

on

November 3, 2026

By

ARLINGTON, Va., Nov. 3, 2026 /PRNewswire/ — Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it will report its third quarter 2026 financial results before the market open on Thursday, November 12, 2026.

Management will host a conference call and live audio webcast that day at 8:30 a.m. ET / 5:30 a.m. PT to discuss the results and provide a business update.

The call will consist of prepared remarks followed by a question-and-answer session. Investors who would like to submit a question in advance may email Corvex Investor Relations at investor-relations@corvex.ai.

The live webcast of the earnings conference call can be accessed at the Corvex Investor Relations website at investors.corvex.ai. A replay of the webcast will be available at the same website following the call. Investors can also sign up for email alerts.

About Corvex, Inc.
Corvex, Inc. (Nasdaq: MOVE) is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, and a publicly traded pure-play AI compute platform. The company provides secure, scalable and cost-efficient compute resources through GPU-accelerated clusters, high-throughput storage and a layered architecture engineered for reliability, performance and efficiency at scale. Corvex’s product suite includes AI Factories and GPU Clusters, the Assured AI confidential-computing platform, as well as the Corvex Token Factory, an inference platform now publicly available. For more information, visit corvex.ai.

Investor Contact
investor-relations@corvex.ai 

Media Contact
corvex.media@stillpointglobaladvisors.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/corvex-to-host-third-quarter-2026-earnings-call-on-thursday-november-12-2026-302928409.html

SOURCE Corvex

Continue Reading

Technology

Cisco Schedules Conference Call for Q1 Fiscal Year 2027 Financial Results

Published

47 minutes ago

on

November 3, 2026

By

SAN JOSE, Calif., Nov. 3, 2026 /PRNewswire/ — Cisco (NASDAQ: CSCO) has scheduled a conference call for Thursday, Nov 12, 2026, at 1:30 PM (PT); 4:30 PM (ET) to announce its first quarter fiscal year 2027 financial results for the period ending Saturday, October 24, 2026.

Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Thursday, Nov 12, 2026. Cisco’s quarterly earnings press release will be posted at https://newsroom.cisco.com.  

Date:                     
Thursday, Nov 12, 2026

Time:                     
1:30 PM (PT); 4:30 PM (ET)

To Listen via Telephone: 
888-848-6507
212-519-0847 (for International Callers)

To Listen via the Internet: 
We are pleased to offer a live and replay audio broadcast of the conference call with corresponding slides at https://investor.cisco.com.

The conference call will also be livestreamed on YouTube, LinkedIn, & X.

Replay:
A telephone playback of the Q1 FY2027 conference call is scheduled to be available beginning at 4:00 PM (PT) on Nov 12, 2026, through 11:59 PM (PT) Nov 18, 2026. The replay will be accessible by calling 800-839-2232 (International callers: 203-369-3662). The call runs 24 hours/day, including weekends. An archived version of the webcast will be available on Cisco’s Investor Relations website at https://investor.cisco.com.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cisco-schedules-conference-call-for-q1-fiscal-year-2027-financial-results-302928403.html

SOURCE Cisco Systems, Inc.

Continue Reading

Technology

Powerfleet Sets Second Quarter Fiscal 2027 Conference Call for Monday, November 9, 2026, at 8:30 a.m. ET

Published

47 minutes ago

on

November 3, 2026

By

WOODCLIFF LAKE, N.J., Nov. 3, 2026 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, November 9, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal year 2027 ended September 30, 2026. Financial results will be issued in a press release prior to the call.

Powerfleet management will host the presentation, followed by a question-and-answer session.

Date: Monday, November 9, 2026
Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code:  906580

The conference call will be broadcast simultaneously and available for replay here and via the investor section of the company’s website at ir.powerfleet.com.

ABOUT POWERFLEET
Powerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleet’s ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The Company is headquartered in New Jersey, United States, with offices around the globe. Explore more at www.powerfleet.com. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary listing on the Main Board of the Johannesburg Stock Exchange (JSE).

Powerfleet Investor Contacts
Carolyn Capaccio and Jody Burfening
Alliance Advisors IR
AIOTIRTeam@allianceadvisors.com

Powerfleet Media Contact
Jonathan Bates
jonathan.bates@powerfleet.com 
+44 7921 242 892

View original content to download multimedia:https://www.prnewswire.com/news-releases/powerfleet-sets-second-quarter-fiscal-2027-conference-call-for-monday-november-9-2026-at-830-am-et-302928379.html

SOURCE Powerfleet

Continue Reading

Trending