Controls & Compliance

49 blogs found

The Future of AI and Transaction Matching: Leadership Through Risk Identification
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The Future of AI and Transaction Matching: Leadership Through Risk Identification

The adage ‘the devil is in the details’ holds particularly true when it comes to your financial close and the...

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General Ledger Reconciliation: Simplified from Start to Finish
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General Ledger Reconciliation: Simplified from Start to Finish

The general ledger reconciliation process can be one of the most complicated processes of the financial close and is often...

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7 Best Practices for a Quicker and More Accurate Accounting Month-End Close
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7 Best Practices for a Quicker and More Accurate Accounting Month-End Close

Any organization should be able to produce accurate and timely financial statements in a reasonable amount of time after the...

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What is Financial Reporting & Why is it Important?
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What is Financial Reporting & Why is it Important?

Financial reporting compiles a company’s financial information and presents it in a way that can be useful to stakeholders and...

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What is a General Ledger?
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What is a General Ledger?

A general ledger is a record of a company’s income, expenses, assets, liabilities, and equities. In most cases, a general...

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McDonald’s Japan Boosts Digital Transformation Journey with Trintech
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McDonald’s Japan Boosts Digital Transformation Journey with Trintech

To simplify and expedite its financial close process, the Asia-based fast-food company has implemented Trintech’s software solution. McDonald’s Japan, which...

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Preparing for the Future of Finance: Automation in the Financial Services Industry
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Preparing for the Future of Finance: Automation in the Financial Services Industry

The financial services industry, including institutions like yours, faces great potential for growth: in 2020, total global wealth surpassed $400...

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How Automated Financial Close Management Can Help Credit Unions Grow Memberships
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How Automated Financial Close Management Can Help Credit Unions Grow Memberships

With a recent study finding that the national median of membership growth to credit unions over a 12-month period has...

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The Risks of Manual Account Reconciliations in the Banking Industry
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The Risks of Manual Account Reconciliations in the Banking Industry

Risk management in the banking industry is constantly evolving; the continuous updates and regulations that emerge over just a short...

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Solving the Manufacturing Industry’s Top 3 Financial Close Challenges
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Solving the Manufacturing Industry’s Top 3 Financial Close Challenges

The manufacturing industry has always been forward-thinking in their approach to adopting new technology. From the introduction of Henry Ford’s...

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The Importance of Technology in Lowering Risk, Competing for Talent, and Reducing Costs
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The Importance of Technology in Lowering Risk, Competing for Talent, and Reducing Costs

Written by Bill Marchionni, Account-to-Report Advisory Global Program Leader, The Hackett Group Business uncertainty today is unprecedented. CFOs and Controllers...

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3 Strategies to Solve a Complex ERP Landscape
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3 Strategies to Solve a Complex ERP Landscape

Managing enterprise resource planning (ERP) systems has become increasingly complex as organizations expand, merge, and adopt new technologies. Many companies...

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