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Transformation in Finance and Accounting | A Focus on Hyperautomation

Dec 10, 2024

Speaker/s

Babu Sivadasan

Co-Founder and CEO of JIFFY.ai

Krishnan Raghunathan

Head - Finance & Accounting Services, WNS

Key Points

Join host Simon Brookes as he explores the transformative impact of hyperautomation on Finance and Accounting with industry experts Krishnan Ragunathan, Head of Finance & Accounting Services at WNS Global Services, and Babu Sivadasan, Co-Founder and CEO of JIFFY.ai.

  • Discover how the role of the CFO is evolving beyond traditional responsibilities to enhance shareholder value
  • Understand how data orchestration enables autonomous accounting
  • Learn how hyperautomation complements ERP systems to drive efficiency and agility
  • Explore the challenges and opportunities of integrating AI and Gen AI into finance processes
  • See how the strategic partnership between WNS and JIFFY.ai is revolutionizing the industry

To learn how WNS has successfully transformed 150+ CFO offices, click here.

FAQs

1. What is hyperautomation in Finance and Accounting?

Hyperautomation combines AI, ML, RPA, workflow automation, and analytics to automate complex F&A processes end-to-end. It helps finance teams reduce manual work, improve accuracy, and operate at scale.

2. How is the role of the CFO changing with AI and hyperautomation?

CFOs are moving beyond traditional tasks to become strategic leaders who drive digital transformation, data-led decision-making, and enterprise value creation. Automation frees them to focus on insights, not manual operations.

3. How does hyperautomation work with existing ERP systems?

Hyperautomation doesn’t replace ERPs—it enhances them. It fills process gaps, automates repetitive tasks, improves data flows, and adds intelligence to areas ERPs can’t fully optimize on their own.

4. What is autonomous accounting and why is it important?

Autonomous accounting uses AI and data orchestration to streamline reconciliations, journal entries, period close, and reporting. It reduces errors, boosts speed, and enables a “self-driving” finance function.

5. What challenges do enterprises face when adopting AI and Gen AI in finance?

Common challenges include data quality, integration complexity, change management, process readiness, and governance. The podcast explains how organizations can tackle these barriers effectively.

6. How are WNS and JIFFY.ai partnering to transform finance operations?

WNS brings deep domain expertise, while JIFFY.ai provides a powerful hyperautomation platform. Together, they help enterprises build intelligent, scalable, and future-ready finance operations.