Research Study Results Announced on Technology in Corporate Accounting and Finance
Chicago, IL—October 19, 2021—The results of a national benchmark study titled, “The Digital Controller/CFO”, are now available in a published report from the Controllers Council. The study identifies how the roles of Controllers, CFOs and related executives are evolving to include the management of technology in Accounting/Finance departments, as well as corporate-wide technology initiatives.
The Digital Controller/CFO Study is based on a national survey with nearly 300 respondents across the United States, representing a wide range of industries and company sizes. The results detail how new accounting and finance roles include managing spend, automating back office systems, implementing automation of all types, and participating in or leading digital transformation initiatives.
“The Digital Controller/CFO Study provides insight into the rapidly changing roles of these important executives, both in their departments and across the organization”, states Neil Brown, Controllers Council Executive Director. “The complimentary study report will help Controllers and CFOs understand these dynamics, and benchmark against their peers.”
“The study reinforces how important it is for controllers, CFOs and their teams to quickly access complete and accurate financial information,” commented Omar Choucair, CFO of Trintech, a leader in financial close management and sponsor of the study. “The expectations – and opportunities – for leaders of finance and accounting teams have never been greater, with a sustained hybrid work environment, newly established norms around reporting frequency and the need for secure access to key data to develop strategic business insights. This study helps the Office of Finance gain visibility into how technology can help support those realities and accelerate topline growth.”
The Digital Controller/CFO Study was sponsored by Trintech.
ABOUT the Study Sponsor
Trintech provides cloud-based software solutions that standardize and automate key processes in the financial close including, high volume transaction matching, balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, disclosure reporting and governance, risk and compliance.
Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the Trintech’s solutions to continuously improve the efficiency, reliability, and strategic insights of their financial operations. For more information, visit www.Trintech.com.