Enterprise IT / Featured Tech / FinTech

What the Flux?

For many accounting organizations, even the most straightforward flux analysis is still a time-intensive, brain-draining, data wrangling process that deters all but the most dedicated (and caffeinated).

And it doesn’t have to be.

Download this white paper to discover how to:

  • Continually monitor your data for fluctuations
  • Perform calculations automatically, using easy to configure rules
  • Eliminate the need for both manual data entry and the dreaded VAR function
  • Proactively identify risks via a just-in-time alert for flagging variances
  • Free your accountants to focus on strategy, not data entry

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Enterprise IT / Featured Tech / FinTech

Global Business Service in the Digital Era

Get “Global Business Services in the Digital Era” for a look at the ongoing shift to GBS and the benefits that organizations see in agility, customer centricity, and digital transformation. An annual study by The Hackett Group consultancy, the 2017 report outlines how top-performing GBS organizations are:

  • 4x more likely to maintain or improve service performance targets
  • 6x more likely to meet or exceed cost-reduction targets
  • 6x more likely to exceed expectations for enterprise agility

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Enterprise IT / Featured Tech / FinTech

The Blueprint for Continuous Accounting

To meet mounting demands, Finance is shifting from traditional, rigid, and manual accounting processes to more automated, flexible, and agile operations. This shift is essential because it provides the productivity benefits that free organizations to deepen their focus on analyzing and reporting financial performance.

Yet nearly 70% of respondents in a recent survey by The Hackett Group report that manual processes are still the biggest bottleneck in financial close and accounting operations, with most of these processes completed with extreme resource requirements at the end of every accounting period. It’s no surprise that more than half of Finance executives report being frustrated by spending too much time on nonstrategic work. They are awash in transactional activity and two-thirds say they don’t have time for process improvement.

Continuous Accounting profoundly alters these experiences. Thanks to the automation of traditional accounting tasks like journal entries, variance analysis, account reconciliations, and intercompany transactions, the period-end tasks and controls that are traditionally performed at the end of the accounting cycle are executed as the days go by, in the cloud.

To learn how to build for your future through this new approach, download “The Blueprint for Continuous Accounting”.

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