2020 marks the beginning of a new year and new decade full of possibility for accounting and finance teams who are ready to begin their modern accounting journey.
Part 3 of the Risk of Manual Processes blog series. You can access the full series here. Top accounting and finance professionals are in a powerful position. According to the Bureau of Labor Statistics, demand for accountants is predicted to rise...
Part 2 of the Risk of Manual Processes blog series. You can access the full series here. It’s five minutes before the monthly business review meeting. Your palms are sweaty, your breathing is shallow, and you’re bracing yourself for the blame...
You made the move to a Shared Service model because you were told the streets were paved with gold, and they were. You saved money. So what’s the problem?
These five pain points prevent accountants from doing more purposeful work. Here’s how to overcome these challenges.
Maintaining control and trust are issues that have held the finance function back for decades. Now, it’s time to move forward with digital transformation.
4-minute read In every sector across the globe, change is the new normal. And while change always brings new opportunities, it also creates tremendous uncertainty. The normal human response to uncertainty is avoidance or a cautious “wait and see” attitude....
2-minute read A journal entry records a business transaction and is the first step of the accounting cycle. Journal entries should be made for every business transaction and are posted to the general ledger. A properly documented journal entry consists...
Here’s what no one’s telling you about your organization’s digital transformation journey, including how to take that first step and ensure success.
Financial shared services have come a long way since they started gaining popularity in the 1990s. Seen as a way to leverage economies of scale for large organizations, shared services centers, or SSCs, made it possible to transfer basic accounting...
Part 1 of the Risk of Manual Processes blog series. You can access the full series here. Accounting and finance departments have a vital responsibility to produce accurate and complete financial statements. The business depends on these results for effective...
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