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Corpay, a world company funds firm, has launched new analysis highlighting a important “automation deficit” amongst UK finance groups—a rising hole between the ambition to automate and the fact of fragmented, guide operations.
The report, titled The Automation Deficit, surveyed 150 UK CFOs and senior finance leaders. It reveals that whereas 99% of organisations have plans to automate their finance operate in 2025, progress is being severely hampered by legacy infrastructure and disconnected instruments.
Limitations to modernisation
Based on the findings, 47% of CFOs cite integration challenges as the one largest barrier to automation. Different vital hurdles embrace resistance to alter (41%) and considerations relating to cybersecurity and knowledge privateness (37%).
This “deficit” is creating operational friction at a important time. As companies strategy the tip of the monetary 12 months, the shortcoming to seamlessly join techniques is impacting forecasting and value management. Whereas 94% of surveyed CFOs rated real-time oversight of finance and funds as “vital or crucial,” many admitted that fragmented techniques forestall them from attaining this visibility in observe.
The price of fragmentation
The analysis warns that reliance on guide processes is not only an effectivity downside however a threat issue. The whitepaper cites exterior knowledge from KPMG noting that 57% of executives expertise core system flaws each week. Moreover, with UK Finance reporting 3.31 million fraud instances in 2024, the necessity for sturdy, automated detection is pressing.
Respondents confirmed that Accounts Payable (AP), expense administration, and fraud detection are high priorities for automation, but these stay the areas most slowed down by guide work.
Piero Macari, vp of merchandise at Corpay, commented: “Finance leaders are clear about what they need to obtain, however the day-to-day actuality inside many finance groups tells a special story. Fragmented techniques decelerate approvals, introduce pointless threat and make actual time visibility tough to realize. That is the automation deficit in motion.”
The report argues for a shift towards a contemporary, built-in finance stack. Corpay factors to its Corpay Full platform, launched within the UK in 2025, as an answer designed to shut this hole. The mobile-first platform consolidates AP, home and worldwide funds, and expense administration right into a single automated layer, aiming to interchange guide effort with “readability, management and confidence.”
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