How Can Data Analytics Enhance Financial Decision Making?
Data analytics can be applied to financial analysis in a variety of ways such as developing company goals and objectives, creating financial policy, evaluating economic trends, and more. Data analytics can give CFOs, financial managers, controllers, accounting...
Controller to CFO: Ten Roles for Tomorrow’s Finance Chief
For aspiring finance executives, you’ve probably come to know a thing or two about the Four Faces—Strategist, Catalyst, Steward, and Operator. Still painting a healthy picture for those looking to climb the ladder, the last few years has seen these roles grow and...
Travel and Expense Management: The Journey of a Coffee Receipt
Things are coming back. Each week looks better than the last, with bookings for one airline running just 20% below 2019 levels. The number of people passing through airport gates is starting to climb as well, hitting 1 million travelers per day between March 11...
Looking at the Regulatory Plans for 2021
With every change in the executive branch, so comes regulatory change. Presidents get to appoint their people to head the alphabet soup of regulatory bodies, and with each person appointed comes a vision and plan for how this department operates. In the past few...
Are Licenses Worth It?
It’s a debate that’s raged for years—do you need a license to succeed in the accounting profession? After completing our Contemporary Controller Study, we were surprised to find out that not a whole lot of professionals held a license. As we found, 34 percent of CFOs...
A Brief Look at the $1.9 Trillion Stimulus Package
If you haven’t heard, the House passed President Joe Biden’s $1.9 trillion stimulus bill, the last step before it goes to his desk to be signed into law. But will this affect you? If so, how? We look to break down the bill in today’s blog. Main Provisions of the...
Four Steps to Economic Recovery for Business Leaders
A new economic landscape is ahead as the world begins to understand the full impact of the COVID-19 crisis. As restrictions are loosened, you need to start planning for recovery and determining how to respond to fast-moving change. The key to an effective response...
Readying Yourself for ESG Disclosures
After discussing the early push for ESG disclosures, the importance of transparency in this, and the role of technology making this possible, we would today like to explore the first steps to making a transparent ESG disclosure process a reality. Background: What is...
Picturing a Post-COVID Recovery Trajectory
COVID-19 has been around for a year now, and as we celebrate the one-year anniversary of having fifteen days to slow the spread, we’re still trying to figure out what’s going on. Economic forecasts keep changing and rules keep adjusting. But even as vaccinations...
The Modularity of Digital Transformation
Digital transformation is one of those terms that means a lot of things to a lot of people. Often dismissed as jargon, there are in fact ways to approach it successfully and with minimal pain. Driven by the evolution of technology and newfound ease of use when it...
Seven Ways the Lease Standard is Evolving to Address the Current Landscape
Change is on the horizon. Following passage, delays, and a whole lot of posturing about the nuances, the lease standard, ASC 842, is starting to come into existence. For public companies, the transition company was complex and costly. Private companies may face the...
Three Reasons Modern ERP Drives the Contemporary Controller
As discussed in the Controllers Council study titled The Contemporary Controller, 2020 pushed controllers into new roles, created new responsibilities, and did so quite efficiently. The office gave way to the home office. Meetings gave way to Slack channels and Zoom...
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