In today’s ever-changing business environment, organizations need real-time information and metrics to inform decisions and quickly evaluate results. This is possible only with continuous accounting. Companies that fail to adopt this approach, clinging instead to traditional accounting processes, will rely on outdated information and risk underperforming competitors. We’ll cover it all in this 8-minute read.

The role of the CFO has transformed from that of a historical record keeper to a forward-looking strategist. While historical financial metrics will always be important to management and investors, new data science tools and methodologies can and should be applied to business data to extract greater value. Read how CFOs can utilize technology to make better financial decisions and […]

The days when the chief financial officer was primarily responsible for internal controls and compliance are long gone. While financial discipline remains critical, today’s CFOs have far more responsibility than their predecessors did, playing key roles in developing strategy, fostering innovation, and driving growth. Read this business guide to learn more about the habits that effective CFOs use to meet […]

For a new CFO, operating without a clear job description in those critical first 90 days can be a challenge. Determining what priorities to focus on for long-term success requires developing relationships with key stakeholders, getting comfortable with the numbers, and identifying key performance indicators early on. Learn how CFOs can plan for—and execute on—lasting and sustainable transformations in The […]

Just as the CFO role has in recent years incorporated change management and long-term growth initiatives, the role of controllers is also evolving. While controllers have always exhibited logic, attention to detail and a process-centric mindset, their expanded role requires soft skills around leadership, collaboration and communication, both with their teams and with others throughout the company. This guide discusses […]

Key performance indicators (KPIs) are quantifiable business metrics that track and measure an organization’s progress toward its strategic objectives. More than just numbers, KPIs tell a story about how well a company is performing. Understanding KPIs as they relate to your industry, company and even separate departments within a company is essential for any growing business. Business leaders increasingly realize […]

An accurate inventory forecast is invaluable, especially when supply chains and consumer demand are changing rapidly. Effective inventory forecasting can mean the difference between profitability and piles of unsold goods that eat up your available cash. The bottom-line impact of inventory forecasting is clear: less money is tied up in inventory, stock is maintained at a realistic threshold and ordering […]

The beauty of modular ERP software is that a company can add specific functionality while keeping the same foundation in place. There is no need to implement a new ERP system when requirements change, as long as the company chooses an established ERP provider with a wide selection of modules. Read more to find out which modules your business needs.