The upstream oil and gas industry has always held a certain level of uncertainty within its revenue stream. This uncertainty often forces companies to adopt cost-cutting strategies to be as lean as possible. This white paper examines what effects these cost-cutting tactics can have on the Office of Finance and how to avoid some common pitfalls.
In recent years the historical risk factors that have impacted the midstream oil and gas sector – e.g., commodity price volatility, geopolitics, etc.— have grown exponentially more complex. To help you navigate these upcoming challenges, this white paper explores, three major changes coming to the midstream oil and gas industry, details on what those changes will mean for your office of finance’s financial close process, and ideas on how to overcome the issues they may create.
Since 2007, there has been an almost 5% decrease in primary energy consumption globally. And historically, downstream oil and gas organizations – the most common of which are your typical convenience stores (C-store) – have relied heavily on energy consumption as a large part of their revenue. This white paper identifies changes that the downstream oil and gas industry has made to compensate, and the implications that these changes will have on their credit card reconciliation process.
Across companies and industries, one trait remains constant: the financial close process is comprised of repetitive processes. This basic fact of the finance and accounting (F&A) team is demonstrated through the following research. This white paper explores how Robotic Process Automation (RPA) can bring significant benefits to the leading challenges facing F&A teams.
Many companies have embarked on, or will soon embark on, their transition to a consolidated SAP® S/4HANA instance for their business. Such a complex update quickly poses a major challenge for the office of finance as it works to produce reliable financial statements each and every period, even during this time of transition.
This white paper explores this transition process and how Cadency’s pre-built, certified SAP® Connector can make that transition even easier.
High-volume reconciliations create significant challenges for accounting and finance departments. The matching of bank-to-book accounts, is often an error-prone, time-consuming task. Additionally, business trends are challenging to identify without an automatic exception reporting system and clearly defined workflows. What’s more—these issues multiply exponentially as the company grows. Download this white paper for some key insights into how automation could provide the solution.
Research consisting of in-depth interviews with Cadency Certification for reconciliation users found that Cadency is a proven automatic reconciliation solution that addresses numerous common challenges experienced by financial professionals working for global organizations in multiple industries to deliver a quick and compelling Return on Investment.
This report will highlight some of the top causes of business complexity. The more you understand the changes around you, the more you can embrace and manage them.
Humans appear to be hard-wired to want immediate payoffs, and continuous advancements in technology have made instant gratification more intense. Download this report to explore how we’ve gotten here and what it means for your office of finance.
A leading research firm focused on Total Cost of Ownership (TCO) and Return on Investment (ROI) studies worked with Trintech, the leader in Record to Report solutions, to explore how their R2R solution Cadency, addresses specific common financial close challenges to deliver a quick and compelling ROI.
A leading research firm conducted detailed research consisting of in-depth interviews with Cadency Journal Entry users, and found that the solution is a proven automatic journal entry solution that addresses specific customer challenges across all types and sizes of global companies to deliver a quick and compelling Return on Investment.
A leading research firm’s report, consisting of a number of in-depth interviews with Cadency Compliance users, determined that Cadency is a proven automatic compliance solution that addresses specific customer challenges across all types and sizes of global companies while delivering a quick and compelling Return on Investment.