Finance work is mostly a numbers game. Yet the scope of activity can still benefit from more efficient document management, AI-generated insights, enhanced collaboration and the ability to communicate with impact and polish.
Much of finance professionals’ day-to-day agendas are immersed in tasks and workflows centred around heavy use of documents, financial statements, spreadsheets and reports. Traditionally, finance teams spend significant time manually searching for data and sifting through internal and external resources to curate and analyse information for tasks including invoice processing, expense management, financial reporting, reconciliation and budgeting.
Gartner estimates that over 80% of business data is unstructured and rarely analysed because it’s trapped in documents that are not widely circulated. Those resources and the nuggets of data hidden inside, are essential to finance teams’ ability to monitor, control and report on assets and results with accuracy and insightful guidance. Many of the more than 3 trillion PDF files in active circulation worldwide contain a treasure trove of relevant financial data.
“At the end of the day, finance people live in documents,” says Nora Yau, Principal, Product Marketing at Adobe. “They need to consume and synthesise a lot of information, come up with actionable insights, make recommendations and communicate a clear, compelling message about their analysis.”
Betting the balance sheet on high-value work.
Acrobat Studio, the latest offering from Adobe, can accelerate those workflows and make finance professionals more productive. In a single platform, Acrobat Studio combines a collaborative knowledge workspace, AI-enabled productivity tools and content creation capabilities to help finance teams work smarter and faster. Anchored in proven security and compliance controls, Acrobat Studio accelerates painstaking document management and analysis tasks, freeing up finance professionals to fill their docket with more strategic, higher-value work.
At the core of Acrobat Studio are the familiar PDF and e-signature capabilities essential for creating reports, plans and presentations. New PDF Spaces enhance collaboration and insight development, functioning as conversational knowledge hubs that streamline data organisation, analysis and internal review meetings. Department leads can solicit and manage feedback in a shared PDF Space as opposed to co-ordinating work products across different silos. “By bringing in and organising different files in one place, teams don’t have to reinvent the wheel,” Yau adds. “They can look at the same source documents, share notes with precise citations and use specialised AI Assistants to ask questions for their own particular need.”
