JUNE 2025
Weelhouse Wire
Your monthly roundup from Weel HQ
Welcome to the Weelhouse Wire, a monthly briefing built specifically for Australian & New Zealand finance leaders. Each edition cuts straight to the insights you need most, backed by real data, practical tools, and smart thinking from our team at Weel.
Consider this your shortcut to sharper, faster finance.
Here's what we’ve got for you this month:
- Media watch: 3 finance stories changing the game this month
- AP, Accelerated: How top teams are moving 6x faster with automation
- Inside Weel: New features making finance sharper, simpler, faster
- No more EOFY chaos: How finance leaders are finishing strong
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Weel media watch: What we’re reading right now
These stories sparked conversation at Weel HQ, so we’re passing them on to you.
CFOs turning to AI: 75% improvement in forecast accuracy
The CFO
New data shows Australian CFOs adopting AI-driven forecasting tools achieve up to a 75% improvement in budget accuracy, reducing forecast preparation times by 40%.
Cash flow crunch continues: 60% of SMEs impacted by inflation
Accounting Times
A recent NAB survey reveals that 60% of SMEs face significant cash flow pressures due to ongoing inflationary impacts, driving a focus on tighter cost control and profitability measures.
We automated everything you hate about AP
We’ve been using this in-house and we’re obsessed.
We’ve helped customers process millions of dollars in invoices from local suppliers to global payments all through one clean, connected AP workflow.
Our new Accounts Payable platform was built to remove the bottlenecks finance teams hate most:
- No more manual coding
- No more chasing approvals
- No more tool switching
Just smart automation, built-in compliance, and full visibility from invoice to reconciliation.
New in Weel: Designed to make your job easier
We’re not into flashy features for the sake of it. These updates came from customer requests, so if they save you time, you can give some kudos to your peers!
Reorder approval steps, your way
Need to change the order of approvals? Move rules up or down to fit your workflow — no deleting, no redoing, no hassle.
Flexible invoice GST handling
Line-item GST just got smarter. Choose whether invoices are GST inclusive, exclusive, or mixed.
Decline smarter
Request changes or say no directly with a comment. Quick feedback, no inbox ping-pong.
EOFY in focus: How top teams stay audit-ready
EOFY isn’t just admin, it’s your finance function under the microscope.
EOFY’s not just about ticking boxes. It’s a moment to show leadership what good finance looks like.
Here’s what we saw across Weel last EOFY:
- 77% of users completed expenses within 7 days
- 70% within 3 days
- 41% within 24 hours
The takeaway? Fast, complete, and structured data isn’t a nice-to-have; it’s the new benchmark.
Whether you’re new to Weel or already using it, we’ll help you close the year with confidence. Book a demo or talk to your Success Manager today.
One more thing
We're building Weelhouse Wire for finance teams who want an edge.
What should we keep? What should we drop? What do you want to see?
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