Five Steps to Leading a Real Finance Transformation
2020 has presented businesses with a tumultuous experience. Outbreaks, lockdowns, volatility, and uncertainty have been the name of the game for leaders—and we’re not out of the woods. The next few months will bring about a lot more tension and tumult as companies...
Risk Mitigation and Management: Cybersecurity Basics for Controllers
As we’ve discussed in a variety of articles, the controller and the finance organization as a whole has continued to take on new roles, adopt new skills, and drive change in a wider range of departments. Though we have spent a lot of time discussing the move into a...
ACFE Report Reiterates the Importance of Locking Down Internal Controls during Lockdowns
Fraud can drain an organization’s coffers dry, and for controllers, it’s your job to know what’s happening and stop it. While a traditional fraud-fighting initiative may have worked in the past, the past six months have changed the tactics and processes needed to...
Five Challenges Standing between You and Month-End Close Peace
The monthly close—it’s one of those processes that is time-consuming, inaccurate, and somewhat tense. But how much is it costing you, and how much is it standing between your business leaders and the visibility they want? According to analysts and experts in the...
Return to Work: Three Attributes to Instill in Employees
With more and more controllers taking some responsibility for the long-term human capital initiatives at their businesses, return to work is on the top of mind right now—even if there isn’t a clear picture of exactly what this means. Preparing for Return to Work:...
Wayfair Update: A Look at the Most Aggressive Collectors
In most cases, the government moves incredibly slow. Two years would normally seem like a long time to get anything done—especially considering that the decision in Wayfair overturned half a century of precedent. But when it comes to collecting taxes, they rely on...
How Controllers Move the World
As the person responsible for steering the organization, managing many of the finance and accounting functions, and ultimately keeping the company moving in the right direction, the controllership position has remained one of the most vital people responsible for a...
Demystifying the Month-End Close: What Is Close Management Software and Why Do I Need It?
Accounting departments are typically staffed by intelligent, reserved people with extraordinary attention to detail and a willingness to go above and beyond the call of duty to get the job done. However, despite the low unemployment rate, good pay, and the overall...
What’s Next for Finance Leaders? Q3 Survey Points to Cautious Optimism
When presented with trying times, it’s up to the finance team to lead the way. Between the CFO and the controller, this team of professionals delivers the strategy and steering needed to position a business for success. But where are CFOs’ eyes? What can you expect to...
Six Key Metrics to Track as You Pivot from Lockdown to Recovery (Part 2)
As we discussed in part 1, your ability to track metrics quickly and accurately is critical to steering your organization through the short-term challenges presented by COVID. Keeping your processes flowing is critical to success—despite how hard it may be to bring...
Six Key Metrics to Track as You Pivot from Lockdown to Recovery (Part 1)
As things change, you still need to keep a close eye on the current state of your business. Even the most optimistic and relatively stable businesses need to keep an eye on the underlying drivers and metrics. Knowing this, we would today like to discuss some of the...
Grabbing the Ring—If You Want It: Making the Move from Controller to CFO
As a controller, you play a vital role in the organization. An unsung hero and a key player who steers the company through the best and the worst of times, you might be happy in your role. However, you also might e looking for the power and prestige that comes from...
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