Blog four in a five-part blog series. If you’ve come this far in our Last Mile of Finance Leading Practices series, you should have learned how to ANALYZE your readiness for a production platform approach and STRATEGIZE your way to a streamlined combination of technology and processes. Now it’s time to add a little spice [...]
Spicing Things Up: ENERGIZE Your Financial Close and Encourage a Teamwork Approach
Shifting Focus: STRATEGIZE Your Way to a Forward-Looking Financial Plan
Blog three in a five-part blog series An effective Last Mile automation strategy can facilitate complete, timely financial controls. Automation also encourages synergies between internal Financial Close, Compliance and Financial Reporting lifecycles, giving business owners a forward-looking lens with which to evaluate risk, competitiveness, and profitability. After your organization has ANALYZED its readiness for the [...]
Minding the Gap: ANALYZE Your Ability to Improve Performance in the Last Mile of Finance
Blog two in a five-part blog series. The Office of Finance can be a catalyst for real innovation. Taking a holistic approach to the “Last Mile” of steps that occur here – from the financial close to the publication of financial reports – can create synergies that uncover strategic insights, increase transparency, and add real [...]
Risky Business: A Series on Taming the Dreaded “Last Mile of Finance”
Blog one in a five-part blog series. The “Last Mile of Finance” is risky business indeed. The term refers to the series of activities occurring from the financial close to publication of your detailed financial disclosures or annual accounts. A fully-optimized Last Mile loop can ensure the accuracy and timeliness of the business’s results. But [...]
Achieve Your Financial Goals with Trintech’s Unity Suite of Financial Software
Every year around this time we start drawing up lists, making personal inventories, and resolving to do better in the coming year. But the truth is that very few of us achieve the laundry list of goals laid down in the typical New Year’s resolution. To err, after all, is only human. But Trintech’s Unity [...]
The 7 Golden Rules of Balance Sheet Certification
Competitive businesses are constantly trying to improve on productivity, demanding more and more value from their employees, processes and technology. Trintech’s new best practices guide to balance sheet certification can help.
XBRL Global Ledger: The Future of XBRL?
an Interview with Gianluca Garbellotto We had the opportunity recently to interview Gianluca Garbellotto, Chairman of the XBRL GL Working Group, about the exciting advancements XBRL Global Ledger promises to bring to the financial close, consolidation, and reporting landscape. Mr. Garbellotto envisions a future where XBRL becomes the “glue” between discrete and traditionally disconnected software [...]
Finance is Ch-Ch-Ch-Ch-Changing with the Times
CFO’s are concerned about change. And they should be: recent financial crises have spawned a growing number of complicated financial regulations. With the globalization of finance highlighting the need for uniformity in information, change is practically being forced upon the Office of Finance. Software vendors have taken notice. Recent years have seen a proliferation of [...]
It’s The Process, Stupid!
Software makers, like any business, are always on the hunt for new markets. Where a large enough problem exists, there are probably several automated software packages to solve for that problem. And financial governance is one huge problem facing many finance managers. But in the rush to comply with what can seem like an overwhelming [...]
Best Practices: Tagging Your U.S. Financial Report with XBRL
(Tag Your 10-K with XBRL, Tag Your 10-Q with XBRL, Tag Your 20-F with XBRL) Preparing your financial statements (Form 10-Q, Form 10-K, Form 20-F) for the XBRL reporting required by the SEC is a two-step process: mapping comes first, followed by the actual XBRL tagging of the financial report itself. Mapping matches your financial [...]
