STUDY: Corporate Finance & Accounting Talent Study (2023)
In 2023, CFOs and Controllers across the globe revamped their accounting and finance professional talent acquisition strategies to improve retention, find quality employees, and ensure that the needs of their organizations were being met. In this year’s study, Controllers Council researchers thoroughly explored how your CFO and Controller peers are dealing with ongoing talent challenges, including retention and recruitment.
STUDY: 2023 Controller/CFO Sentiment Study
What will Controllers and CFOs do differently in 2023? This inaugural study seeks to understand how current business and economic environments are impacting corporate financial planning, strategy, priorities, and outlooks. The 2023 indexes represent a “bullish” outlook for individual company financial performance, along with a “cautious” plan for spending. The new indexes will serve as benchmarks for future data, while identifying trends in financial performance and organizational spending.
STUDY: The Digital Controller/CFO – 2022
Controllers and CFOs have shifted from the traditional roles of financial reporting and compliance, to take on greater responsibilities in many aspects of accounting/finance and corporate technology. We conducted The Digital Controller/CFO: Benchmark Study 2022 to identify the current trends in duties, roles, and responsibilities for Controllers, CFOs, and other accounting professionals.
STUDY: Corporate Finance Upskilling/Reskilling
With this backdrop, the objective of the Corporate Finance Upskill/Reskill Study is to identify how Controllers, CFOs, and their respective counterparts have adapted to the Great Resignation staff shortages, along with remote and hybrid workplaces.
STUDY: The Contemporary Controller—Changing Roles and Responsibilities
In the Fall of 2020, the Controllers Council surveyed more than 300 Controllers, CFOs, and related professionals in accounting and corporate finance roles. The objective of this study: to identify how the roles and responsibilities of these important executives have changed, adapted and evolved. The conclusions, carefully documented and analyzed in this Benchmark Study Report.
Turbocharge Your Cash Flow with O2C Automation
In today’s highly competitive and unpredictable economic landscape, optimizing your order-to-cash (O2C) process is key to securing your financial performance. Discover the transformative power of O2C automation in enhancing customer satisfaction, driving revenue growth, and maintaining a steady cash flow.
Lease Administration: The Key to Reducing Business Risk & Expenses
Your lease portfolio represents one of the largest business expenses within your budget. But like many organizations, you likely lack full visibility into your lease terms. This puts your company at risk of making costly overpayments and errors. But there is a unique opportunity to take control of your leases now that lease financials are in the forefront (due to lease accounting standards).
Why Accurate Cash Flow Insight Matters More in a Recession
Download our latest eBook to learn about your choices for improving cash flow management, reporting, analysis and planning, and how better cash flow capabilities will help you weather the sluggish economy and, ultimately, outperform your competition.
Transformative Budgeting and Planning: A CFO’s Guide
This guide introduces the concept of transformative budgeting and planning and explores some of the most popular approaches in use today. It also discusses the pivotal role that CFOs play in leading the way, serving as thought-leaders in the quest for greater business agility and resilience.
Portrait of the Modern Finance Department
Corporate finance departments are in the throes of a new wave of change. Finance functions are now modernizing many of their systems to respond to the unique demands of their organization—particularly the modern employee. Whether delivering board reports, approving spend or forecasting performance, finance is under pressure to do it all in a faster, more user-friendly fashion than ever before.
Lease Accounting and Administration: Why You Need Both
It is not possible to maintain lease accounting compliance with a large lease portfolio without accompanying technology that supports both lease accounting and lease administration. In this whitepaper, we break down why accountants need to have lease administration technology.
Experience Less Frustration with AP Automation
For organizations looking to grow post-pandemic, one of the most tangible ways to start is by looking at manual, back-office processes, such as accounts payable. By automating AP processes with BILL, many organizations see a dramatic shift in their workflows with new levels of efficiency and control.
ERP and Finance: Exploring the Reporting and Analysis Gap
In this guide, we’ll talk about how you can close the financial reporting and analysis gap permanently, giving your organization’s decision-makers better, more accurate, and up-to-date information whenever they need it, while also freeing up a significant amount of staff time in the accounting department.
Choosing the Best Payment Options for Your Business
This comprehensive guide to B2B payment options will give you a brief overview of different payment options so you can find the right balance of cost, payment speed, and security—and ensure that you’re using the right payment method at the right time to meet the needs of your business and suppliers.
With Automation, Finance Teams Can Become Leaders Of Data-Driven Initiatives
With the help of automation, finance teams can become leaders of data-driven initiatives. Download our report to understand how your company can use technology to deliver on business goals and ease expense management challenges.
The Hackett Group: Accounting Process Excellence Drives Digital World-Class Finance Performance
Analysis of The Hackett Group’s 2021 benchmarks reveals that account-to-report processes at digital world-class finance organizations significantly outperform more-typical organizations because they have simplified, standardized and automated a greater share of their activities. Get your copy of this white paper for perspectives from The Hackett Group.
The Redefined CFO
Stepping out from the shadow of the CEO, the CFO has become a hub of business information – diversifying their expertise, recruiting the right talent, and ensuring they implement emerging technologies and purpose-driven programs to remove friction and deliver insights.
The Eight Layers of AP Security
It can be easy to dismiss security as merely an IT issue, but Accounts Payable Managers are in a prime position to protect their company from data leaks and fraud. Taking a moment to review your security policies, meet with your team, and evaluate your AP vendors can save a lot of stress and hassle down the road. Our latest guide, The eight layers of AP security, outlines what you need to know to protect your company.
A 21 Step-by-Step Guide to Selecting Your Next ERP Solution
An ERP solution is an important investment but the selection process can be a daunting task. Fortunately, it doesn’t have to be. Armanino’s straightforward guide provides a comprehensive framework of considerations to drive your selection process.
The Ultimate Guide to AP Automation
Accounts payable is never a completely painless process, but digital payment approval workflows can help automate and streamline manual processes. In our free guide, The Ultimate Guide to AP Automation, we’ll show you how automated solutions can help.
CFO 3.0 – Digital Transformation Beyond Financial Management
Successful digital transformation requires a new breed of CFO. Learn about the impact digital transformation is having on finance teams and the role of the CFO.
Book Preview – Deep Finance: Corporate Finance in the Information Age
Accounting has come a long way since the time of the abacus, computer punch cards, or even the paper ledger. Modern finance leaders have the ability and tools to build a team that harnesses the power of business intelligence to make their jobs easier. Leaders who aren’t aware of these opportunities are simply going to be outpaced by competitors willing to adapt to the 21st century and beyond.
Deep Finance will take you from asking “What Is AI?” to walking a clear path toward your own digital transformation.
GASB 87 Handbook: Get Ahead of the Deadlines with the Right Approach
GASB 87 changes the financial reporting requirements of organizations that enter into contractual relationships that meet the definition of a lease for assets such as real estate, vehicles and equipment. It can significantly affect your organization if you have arrangements that need to be accounted for under the standard and can be especially challenging if you are a lessee and a lessor.
CFOs Drive Business Value
CFOs have a unique opportunity to seize the moment and elevate themselves to be architects of business transformation, in addition to their usual position as financial stewards. To do so effectively, CFOs will have to embrace the role of a value driver, taking a seat at the planning table and providing timely financial insights to help influence their companies, while also initiating changes in the finance function.
5 Ways to Accelerate Your Business – eBook
As a business leader, you’re constantly looking ahead to future-proof your business. After all, the survival of your company depends on it. While some businesses will thrive, others will barely scrape the surface. Taking advantage of new innovation, along with some tried-and-true business advice, will help your company level up and flourish.
In this eBook, we’ll explore five simple areas in which you can take action right now to quickly accelerate your business efficiency and provide stability for your company’s future.
Unlock Value with the Keys to a Faster Close with Sage Intacct
This eBook, Unlock Value with the Keys to a Faster Close, summarizes the findings of our “2022 Close the Books” survey, where over 1,400 finance professionals shared their best practices on how to achieve a faster and more accurate close.
A Guide to Trade Credit Insurance
Did you know that trade credit insurance (TCI) enables a company to increase sales by up to 20%? Or that, on average, banks lend up to 80% more on insured receivables?
From policy terms and indemnity details to interpreting costs and use cases, there is a lot to know about trade credit insurance that can help you use it to make safe, confident decisions for your business.
To help you understand all of the benefits and inner workings of this service and tool, we created this guide to provide you an extensive journey through the world of trade credit insurance.
Bankruptcies and Insolvencies: How to Keep Your Business Afloat
The waves of insolvencies and bankruptcies worldwide are adding major pressure to supply chains. When you extend credit to a client, you take a risk that the client will not pay, and your cash flow will be interrupted. With the COVID-19 crisis and the ongoing rise in bankruptcies, your key customers that struggle financially or declare bankruptcy could expose your business to loss.
Get your free copy to learn about the unique challenges you may face if one of your customers starts proceedings.
5 Signs Your Accounting System is Holding You Back
As the size, complexity, and pace of your business grow, the frustrations can multiply.That accounting system you relied on to manage finances and operations has, over time, gradually become a barrier to growth and efficiency. But in a highly competitive business climate, you can’t afford spiraling overhead costs, functional limitations, and unnecessary risks.
Have you outgrown your accounting system? Take a look at these signs.
5 Questions CFOs Should Ask Their Controller
As the office of the controller becomes ever more strategic—creating higher levels of financial visibility to help drive growth and profitability—the financial organization’s relationship to the controller role must evolve as well. Specifically: Today’s CFO needs to work closely with the controller to ensure that, one, the organization gets the full benefit of the controller’s talents and knowledge and, two, the controller’s office is operating at the highest levels of efficiency and accuracy. Ask your controller the following five questions to initiate a conversation around best practices.
ASC 842 Lease Accounting Standard Handbook for Private Companies
Get ahead of the private company lease accounting deadline while driving savings.
Even though your deadline for complying may have moved out, it is time to start getting your organization ready to meet the new ASC 842 Compliance standard for private organizations. Your leasing portfolio is probably more complex than you realize, so utilizing this extra time will pay off as you start to automate the process.
What IT Disasters Keep You Up at Night? The Cost of Not Being Prepared
Disasters happen, sometimes bringing down a single application, sometimes bringing down your entire data center. No matter how careful you are or how good your IT team is, eventually some event will shut down your applications when you really need them up and running. The costs of preparing for disaster can be high, but the consequences of not planning for disaster recovery (DR) can be even higher.
Controllers Code – The Secret Formula For a Successful Career in Finance
Free for Controllers Council members
Controllers in the 21st Century need to master more than technical accounting skills to become the strategic leaders their companies need today. They need to be effective leaders and managers, explain complicated accounting at a high level for the C-suite, be a technology expert, and still ensure that their teams are doing the accounting right.
Unfortunately, these skills aren’t taught in traditional accounting classes. This book offers real world guidance from Financial professionals to help you navigate the world of the modern controller.
Controllers’ Guide to Artificial Intelligence (AI)
Artificial Intelligence (AI) is permeating business and organizations of all types and sizes. For those in the accounting and finance department, AI may have one of the most significant impacts on the way you work. The Controllers’ Guide to Artificial Intelligence (AI) will provide a concise but complete view of AI and related technologies of Machine Learning (ML), Robotic Process Automation (RPA) and more. The guide will focus on the applications and opportunities for the accounting function, exploring the role of “Robots” in the Accounting process.
ASC 606/IFRS 15: The Definitive Guide to New Revenue Recognition Rules
In what has been described as one of the largest changes to GAAP in the past decade, 2014 marked a year in which the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) sought to bring consistency across industries, enhance disclosure, and simplicity for those preparing and relying on financial statements. Get perspective into the changes and some of the best practices to prepare for FASB ASC 606 and IASB IFRS 15.
Cloud Success Begins with Cloud Discovery and Assessment
The Discovery & Assessment process helps businesses derive both quantitative and qualitative understanding of existing inventory so the transition to the cloud can be optimized for minimal risk, minimal cost, maximal efficiency, and maximal benefit, whether a public, private, or hybrid solution is selected.
The data collected enables businesses to understand their existing IT infrastructure, how it can benefit from cloud migration, and the best approach to cloud migration for each workload.
The Definitive Guide to Modern Accounting
A modern accounting department requires a modern accounting system or software solution that can support streamlined accounting processes and reporting. This Guide to Modern Accounting will detail 4 Keys to Modern Accounting, identify 20 accounting functions that can be automated, along with 18 categories of potential software integrations. Of course, no guide would be complete without modern accounting case studies, and related resources.
The Ultimate Guide to Cloud Migration
The term “cloud migration” can mean different things to different people. For some, migrating workloads from on-premises infrastructures to the cloud is an opportunity to be grasped with both hands. For others, there may be a reluctance to change existing work practices; which, possibly coupled with a fear of the unknown, can be a handicap to taking advantage of what the cloud has to offer.
For people who fall into the second category, this guide to cloud migration has been prepared for you.