Manual finance admin is a commonplace, entrenched legacy activity in the UK and still costs UK businesses up to four working days a month, according to Finexer research that Business Insider has spotlighted.
What the Research Found About Manual Finance Admin
The survey tracked responses from 418 senior UK leaders in finance, tech, operations, and compliance back in August 2026. The numbers say it all: automation just isn’t common yet
Only 10% of businesses run highly automated banking and payment workflows. About a quarter spend 20 to 29 hours each month on manual finance admin. Another 19% are still matching bank transactions to invoices or internal records manually, and a whopping 90% juggle two or more banking or payment providers.
The findings point to a clear gap: modern finance systems need infrastructure that connects banking data and payments directly, without manual workarounds.
Want the full research – Download the report
Read the full feature on Business Insider: Finexer Reveals UK Businesses Lose Up to Four Days a Month to Manual Finance Admin
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About the Author
The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.