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...
Businesses around the world are facing unprecedented levels of disruption and change spurred by globalisation, increasing business complexity, and the so-called digital economy. Tectonic shifts in the geo-political environment and the uncertainty in its wake are having a profound impact...
People are at the heart of innovation at every company. The opportunity to utilize their strengths and know their contributions are valued results in retention, and that creates competitive advantage. Accounting and finance professionals are crucial to driving strategy and...
Against the backdrop of increasing competition, regulatory reform, and changing customer expectations, the banking industry is striving to keep up. Decades of acquisitions have introduced complex operational processes that make it difficult to implement change and control costs. This is...
Confidence in our economy is decreasing as concerns about declined global growth perspectives continue to rise. But Deloitte’s CFO Survey 2016 Q2 found that CFOs’ outlook on revenue growth has improved, and acquisitions are high on their agenda. The survey...
The modern business world is looking dramatically different from the world in which traditional accounting processes were created. Technology has changed the professional landscape, and this is very good news for accounting and finance professionals. It has brought us to...
The second law of thermodynamics states that left to its own devices, everything in the world tends to disorder——and so it is with systems. Take any reasonably large enterprise and you will often find a staggering amount of systems, processes,...
Several recent surveys point to the importance of process automation. A Deloitte study1 asserts that increasing automation is the second most important strategic priority for shared services leaders and a separate McKinsey study2 puts “automation” in the top six priorities...
A 2015 study1 by IDC, the analyst, says that the worldwide market for financial application software grew at a rapid pace to reach $18.0 billion, driven by demand for public cloud offerings. Its author says, “The demand for the cloud...
Repetition may be the mother of learning, but in almost all other instances repetitive actions or behaviors are imbued with negativity. Doesn’t repetition conjure images of mindlessness, boredom, and inefficiency? Does it make you think go-getting, entrepreneurial, progressive? No, it...
A few days ago I was speaking to someone about my time as a CFA. I said that had I known about BlackLine when I was in a full full-blown accounting role, I probably would have stayed in the profession....
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