The Ultimate Guide to Financial Close Management
Evolve your financial close process to a value-adding activity. More and more, CFOs are thinking about how their department can have a greater impact on the companywide business by providing analysis, reporting, and strategy instead of just crunching the numbers. So, what does a high-performing and successful finance department look…
How to Reduce Organizational Risk by Standardizing Finance and Accounting
Today, CFOs are looking to transform their functions with automation to move away from simply managing data and instead analyzing risk, driving quality, and providing business intelligence to effectively grow the business. With the rise of hybrid and remote offices, finance and accounting (F&A) teams need to be prepared to navigate the…
Scale Without Fail
Scale Your Business Effectively Despite the turmoil and unpredictability of the early 2020s, trust in economic resilience continues to trend upward. In a recent iteration of PwC’s annual global CEO survey, 77% of respondents stated that they expect global economic growth to improve in the years to come, with over…
Unlocking Human Capability with Financial Close Automation
Today, the Finance and Accounting industry is seeing a shift widely known as “The Great Resignation.” Many Baby Boomers are retiring early, and Millennials and Gen Zs are looking for more competitive and fulfilling jobs. How can CFOs retain and acquire talent within their F&A organizations during these demanding times?…
Proactive Digital Risk Management for Finance
New technologies mean that finance must mitigate new risk with an effective digital risk management framework. Over the past few years, digitization of both consumer-facing and back-office processes has been on the rise. Especially in the Office of Finance, conditions such as a larger remote workforce, more flexible employee options…
How to Simplify Journal Entry Accounting and Improve General Ledger Efficiency
Simplify Journal Entry Accounting and General Ledger Efficiency to Streamline the Month-End Close According to recent studies, a significant pain point for finance and accounting teams in the month end close is journal entry accounting. This is especially true of a manual journal entry process, where creating journal entries, the…
4 Steps to Managing Financial Risk
Financial risk is a well-known threat that CFOs factor into their decision-making. Trying to mitigate that risk through a manual approach of emails, spreadsheets and binders is an ineffective defense. In today’s fast-paced business world, there continues to be a steady uptick in instances of financial risk that can impact…
Key Financial Controls: Increasing the Effectiveness of the Record to Report Cycle
Explore a complimentary guide highlighting what is likely the most critical part of any company’s close cycle — how your key financial controls are managed within the overall compliance framework. Every company, whether privately-held or publicly traded, has some form of a controls and compliance framework — although that framework and…
Key Insights Into the Future of Retail and E-Commerce Trends
For the 10 years prior to the pandemic, e-commerce grew an average of 15% year-over-year. In 2020 alone, industry growth jumped to 32% — from $598 billion to $790 billion. Consumer habits changed drastically over the last 12-18 months as virtual shopping became the norm, causing an immediate surge in…
Reduce Risk by Driving Intelligent Automation Across Your Accounts Payable and Financial Close Processes
The finance function is crucial to assessing an organization’s financial health, but stopping at manual processes and legacy tools prevents organizations from deriving long-term value. Today, finance needs to be a strategic, data-driven, and digitally-focused function in order to improve productivity, reduce risk and reporting errors, and improve work-life balance.…