Driving Digital Transformation: How Financial Software Optimizes Your Virtual Close
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The heightened need for software solutions to connect employees and departments over the last year has resulted in a new level of acceptance and expectation for digitization across every aspect of an organization. For finance teams specifically, digital transformation is no longer an aspirational goal but instead is a requirement to building resilience and effectively supporting the wider business.
While F&A teams commonly use spreadsheets to complete the financial close process, they provide very little visibility and communication into the close cycle. What is needed is financial software that is flexible enough to accommodate ever changing requirements— a solution that allows CFOs and Controllers to track what their team is working on, what the status of those tasks are, and enables real-time visibility and access to documentation and commentary during the entire close cycle.
During this webinar, you will learn:
- Why organizations are prioritizing digital transformation in the Office of Finance
- How financial software can optimize your virtual close and enable strategic support for the wider organization
- Best practice examples of companies who have achieved successful transformations
- Next steps your organization should take