Five steps on how to eliminate data loss and broken communication with connected workflows. Whether team members need real-time access to shared workspaces, or more strict access control and permissions around specific files and versioning, cloud-based technology solutions give teams flexible yet strict permission levels to control those collaboration styles. Let’s specifically look at how the adoption of a cloud-based […]
Read more ›Getting Started on Your AP Automation Journey
The impetus to automate your AP function is more significant than ever due to the uncertain economic environment. Automation streamilnes the accounting and finance processes. Doing so will help finetune costs and generate high-quality real-time data. Starting an AP automation project may feel like a major undertaking. This guide will cover everything you need to get started on your AP […]
Read more ›Expense Management – How to Choose the Right Software
Managing employee expenses is an integral part of running a successful business. From travel to meals and everything in between, these costs are essential for employees to carry out their roles efficiently. With the rapid advancements in technology, it’s becoming increasingly important for companies to digitize and automate their expense management process. With automation, companies can focus on what really […]
Read more ›Building an Effective Finance Function
With European tech investment falling to its lowest level in six years and layoffs running into the tens of thousands, startups are fighting for survival. As a result, the number crunchers have rarely been so in-demand. The CFO is a hot hire in 2023 and an increasingly important voice in the boardroom. As businesses look for new funding, finance teams […]
Read more ›12 Best Practices in FP&A
Most CFOs are not happy with their Financial Planning and Analysis (FP&A) process, believing it delivers too little value and squanders resources. The biggest challenge facing many companies today is the difficulty in accurately predicting future revenues and cash flows. This has been highlighted even further by a number of recent global events that impact standard businesses activities. As a […]
Read more ›Global Planning Survey 2023
Unprecedented global events have given businesses cause for concern. Despite being a top priority in 2023, 90% of transformative planning efforts have fallen short—leaving organizations scrambling in the face of unexpected adversity. This benchmark report provides valuable insights and data to help businesses understand the current state of planning across multiple industries and regions. It analyzes a rapidly evolving landscape, […]
Read more ›Closing Time Whitepaper
The annual audit is a tremendous burden on already-busy accounting teams. Rife with busy work and filled with opportunities for error, the process is something most teams look at with scorn. With so much room for error comes plenty of room for improvement. Every audit will have its fair share of the good, the bad, and the ugly, but if […]
Read more ›Compliance and Controls: The State of the Industry
Organizations spend, on average, $2.4 million annually on corporate compliance and internal control, which speaks to how vital these functions are to organizations. But are companies getting a return on this investment? Our research, conducted in conjunction with the University of Georgia Consumer Analytics program, found alarming disconnects, including:• Only 26% of survey participants felt their existing compliance and control […]
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