From Data to Dollars: How Controllers Lead Sales Data Analysis for Financial Success
The role of a controller has traditionally been rooted in overseeing an organization’s financial and accounting operations, but as businesses evolve in the digital age, you are increasingly called upon to harness the power of data analytics, particularly sales data,...
10 Tips for Retaining Accounting Staff: From the Great Resignation to the Great Retention
Between April 2021 and April 2022, 71.6 million people quit their jobs. A movement infamously labeled “The Great Resignation,” it was a historic period that marked the start of unprecedented hiring and retention challenges. Even accounting — a domain traditionally...
ESG 101: Practical Approaches for Navigating Compliance, Controls, and Sustainability Reporting – Webinar Highlights
Controllers Council recently held a panel discussion on ESG 101: Practical Approaches for Navigating Compliance, Controls, and Sustainability Reporting, sponsored by Visual Lease. Visual Lease is the number one lease optimization solution provider, trusted by over...
How To Perform Customer Credit Checks
A large unpaid invoice can jeopardize the growth of your business or even lead your company to insolvency. A customer credit check on your existing and potential customer is your first line of defense to ensure they will pay your invoices in due time. How to assess...
Building a Resilient Financial Infrastructure: A Controller’s Guide to Risk Management
In the intricate realm of corporate finance, the only constant is the presence of risk. Whether driven by global economic shifts, regulatory changes, technological disruptions, or unforeseen calamities, you face several threats every day, and given the potentially...
Financial Forecasting in a Volatile World: Challenges and Strategies
In today’s whirlwind of a global economy, trying to predict the financial future feels a bit like trying to read tea leaves. The aim is to foresee future cash flow, expenses, and economic trends so you can make sound business decisions, but with the world changing at...
What Is Credit Management and What Are Its Benefits?
Protecting your company from late payments and customer defaults is essential. To do so, you should ensure you have an effective credit management policy in place. But what is credit management, and what are its benefits? In this article, we take you through credit...
CFO’s on the Move: September 2023
Controllers Council introduces a new series, CFOs on the Move, a monthly roundup of recent announcements of Chief Finance Officers (CFOs). Following are 12 new CFOs for September, 2023. United Airlines Names Michael Leskinen as New CFO United Airlines announced that...
7 Tips for Improving Controller Job Security
As threats of a recession loom, controllers might naturally be worried about their job security. If you’re working in a position of financial leadership, here are seven strategies you can use to maximize your effectiveness and safeguard your position. 1. Stay...
The CFO’s Guide to Streamlining Procurement
Recent years have exposed weak points in the corporate procurement process. Supply chain disruptions have prompted many business leaders to look for ways to streamline their procurement procedures to save time and money while retaining access to their deliverables....
Preparing for the Unexpected- The Case for FP&A – Webcast Highlights
Controllers Council recently held a panel discussion on Preparing for the Unexpected: The Case for FP&A, sponsored by BILL. BILL is a leading financial operations platform for small and midsize businesses, SMBs. As a champion of SMBs, BILL automates the future of...
Effective Budgeting Strategies for Controllers
Budgeting isn’t just about the proper allocation of resources. Your company’s budget will always reflect its vision and values. That’s why controllers play a critical role in ensuring that the company’s budgeting strategies align with the organization’s broader...
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