Accounting leaders in state and local government are urgently modernizing accounting.
A wave of stimulus funding requires strong budgeting, improved transparency, and a real-time view into spending throughout the fiscal year. Rising fraud risk requires government accounting to identify every variance, exception, and detail in an environment of increased audit scrutiny.
Many accounting departments still don’t know where they are with substantiated balances or how they are performing against budget from the state level downwards. Manual effort is at an all-time high and this year’s year-end scramble will likely be greater than ever.
Without modernization, already high workloads are set to rise. That means more overtime and more pressure on staff at every level, threatening morale further.
Watch this complimentary on-demand webinar featuring accounting experts and practitioners who share five practical ways state and local government are modernizing accounting. Learn how to automatically substantiate balances, reduce manual journal entries by more than 80%, and enable Accounting to work securely and efficiently from anywhere.
In this interactive session, you’ll learn:
Evolving challenges in state and local government accounting for fiscals 2020-2021 and 2021-2022
5 strategies that you can use to cut manual effort by more than 50% this calendar year
The latest accounting technology innovations and process transformation strategies
How one local government tackled accounting modernization