The Continued CPA and Accountant Shortage in 2023
Financial professionals are in short supply. Though the industry peaked in 2019, the number of accountants, CPAs, and corporate finance workers dropped by 17% by 2021, according to Bloomberg Tax Analysis, and the U.S. Bureau of Labor Statistics projects that...
The 4 Questions to Ask Before Choosing a Spend Optimization Platform
Spend optimization is so much more than spend management—it is an integrated approach to corporate spend that uses automation at scale, digital transformation, and data visibility to achieve frictionless finance. For finance leaders who understand that financial...
Autonomous Finance Defined and How CFOs Can Achieve It
In the face of unprecedented talent shortages, companies are using the latest technologies to streamline their administrative and financial processes. Among the most recent innovations is autonomous finance, a data-driven approach that can automate core activities...
Managing Corporate F&A Talent-Webcast Highlights
Controllers Council recently held a webinar on Managing Corporate F&A Talent, sponsored by Oracle NetSuite. Our panelists included Barbara Salazar, Michael Mance, and Christine Gu. Barbara Salazar is a CPA and chief financial officer of E2 Consulting Engineers,...
Managing Foreign Exchange Volatility
Not since the 1980s have we seen the type of exchange rate volatility in the world’s major currencies that we’ve seen recently. (see volatility charts below for 1980s and recent) For example, just in the past three months the Euro has fallen 3.46% against the US...
Finance and Accounting Job Descriptions: Comptroller
Most major corporations rely on a chief financial officer (CFO) or other senior-level financial personnel. But the government, education centers, and nonprofit organizations more typically rely on a type of employee known as a comptroller. Not all comptrollers are...
Accounting Process Excellence Drives Digital World-Class Finance Performance
The account-to-report (or record-to-report) domain—which covers the general ledger, period end closing activities, credit management, bank and tax accounting, dunning, and accounts receivables processes (among others)—is an essential contributor to F&A’s ability...
SpendSmart Travel Trends – Q2 2022
Emburse processes more than $75 billion per year in employee expenses, invoices, and card payments. This data can be analyzed to determine trends and patterns across a broard spectrum of business spend categories, which is then used as part of our SpendSmart series of...
Controller Job Descriptions, Types, and Salary Ranges
What does the employment landscape look like for financial controllers? A controller, by definition, oversees an organization’s day-to-day financial operations and serves a crucial role in company reporting processes. But controllers can occupy multiple specialty...
Meet the CFOO – Interview Series – John Bozin
As part of the Meet the Controller/CFO series, the Controllers Council recently interviewed John Bozin, CFO Advisor at Armanino, Strategic Finance Outsourcing or CSFO and CFOO, the combination of CFO and COO, or operating CFO is another way that John has told me that...
5 Benefits of Automating Your Reconciliations
Account reconciliation is a vital part of the financial closing process. Unfortunately, it’s also an area prone to bottlenecks. Typically, key balance sheet accounts require two levels of approval, but the time this takes can cause additional data to pile up and even...
A&F Leadership Priorities: CFO & CIO Collaboration
Today’s business environment is more dynamic than ever. Business leaders are focused on strategic initiatives to position their companies for long-term growth, to gain competitive advantage, and to drive shareholder value. Top of mind for many business leaders are...
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