Orby for Finance Leaders
As a financial leader, you are critical to driving the company’s long-term success
Orby can help with intelligent automations that significantly increase the efficiency and accuracy of the teams you oversee.
Inefficient processes, repetitive tasks, and manual work are draining your resources and impacting your bottom line.
Take control of your financial future. Let Orby handle the details, so you can focus on what really matters.
With Orby, your team can do more with less. We increase the output and efficiency of your finance department, while eliminating errors that cost time and money. By automating your critical financial processes, we free up valuable time for your team to focus on strategic initiatives that drive growth.
With easy to automate workflows for general accounting, procure to pay, quote to cash, and audit teams, you’ll have more control over cashflow, more cash on hand, more accurate insights, and a streamlined operation that moves as fast as the rest of your business does.
Quote-to-Cash
Significantly the improve cash conversion cycle and cash liquidity
Many Q2C functions still rely on manual processing, leading to inefficiencies, errors, and adversely affecting cash flow. Manual workflows such as quote generation, order processing and invoicing can lead to errors and inefficiencies, challenging the financial health of the organization as it scales.
With Orby, your Quote-to-Cash team can utilize automations to improve cash flow, positively affecting the financial health of the enterprise.
procure-to-pay
Optimize your Days Payable Outstanding (DPO)
Managing a high-volume of transactions across multiple siloed financial systems is burdensome for your procure-to-pay teams, and the repetitive nature of these processes make them increasingly prone to errors. Not to mention that the tedious nature of the work can quickly lead to employee attrition, making it difficult to hire quality replacements.
With Orby, your procure-to-pay team has the power to significantly improve DPO metrics, minimize late payment rates, and reduce errors.
Expense Audit
Increase your expense audit rate and financial peace of mind
Audit teams today rely on manual processes to perform auditing, analysis, documentation, and reporting. These manual processes are not only time consuming and prone to error, they require excessive amounts of time from your team. For many organizations, only a fraction of reports can be properly audited, leading to overpayment, erroneous reimbursement, or uncaught policy violations.
With Orby, your expense audit teams can easily audit 100% of expense reports to ensure accuracy, compliance, and faster reimbursements.
General Accounting
Close the books faster
Accounting teams today are heavily burdened with manual processes to perform GL updates and reconciliation, financial analysis, documentation, and reporting. Manually performing these critical accounting functions increases error rates, and negatively impacts the ability to prepare and report financial statements in a timely manner.
Orby can help, empowering accounting teams to reconcile general ledger accounts and close books faster and more accurately.
Expense Audit
$1M+
Out-of-policy expenses rejected
$2M+
Auditing costs saved
A Fortune 500 company came to Orby with limited resources to audit expenses. Their teams were able to manually audit about 10% of expenses annually and suspected that up to 40% may be non-compliant compared to policy.
With Orby, this customer now audits 100% of submitted expenses, ensuring universal compliance. In less than a year, Orby was able to automatically reject more than $1M in out-of-policy expenses and reduced auditing costs by over $2M.
Procure-to-Pay
85%+
Productivity increase
Orby empowered the procure-to-pay team of a Fortune 10 company to fully automate their contract and invoice processing, resulting in more than 85% improvement in productivity, reducing errors and minimizing late payment penalties.
Quote-to-Cash
70%+
Of order processing automated
Orby has given a Fortune 500 customer the power to automate more than 70% of their order processing through Salesforce, improving efficiency and reducing time-to-payment.