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.

Digital Controller/CFO Study - 2022

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.

2022 Study

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.

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.

Cash Flow

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.

budgeting and planning

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.

Finance Department

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. 

AP Automation

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.

reporting and analysis gap

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.

Best Payment Option

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.

Automation

2022 Financial Close Benchmark Report Results

Trintech conducted a survey of 160+ finance professionals around the globe in the first half of 2022, including organizations from mid-market to large enterprise, across multiple industries and job titles. Results from Trintech’s 2022 Global Financial Close Benchmark Report show that attracting and retaining talent will be the biggest challenge organizations will face over the next 12 months, followed by the need to provide real-time, business-critical insights.

2022 Financial Close Benchmark Report Results

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 Hackett Group: Accounting Process

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.

Redefined CFO

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.

AP Security

10 Key Reports for NetSuite that Every C-Suite Executive Wants Automated

C-suite executives using NetSuite constantly struggle with the same issue: painful, manual reporting processes.

Download this free whitepaper to identify 10 key reports for NetSuite that helps executives analyze critical metrics and make informed decisions quickly.

Satori NetSuite Whitepaper

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.

ERP

Happily Ever After: Core Guiding Principles to Achieving a Fairy Tale Month-End Close

Happily Ever After doesn’t just happen, except of course, in fairy tales. Hard work alone is not enough for month-end close best practices. It requires discipline, teamwork, and the right tools. All of this is within reach. Discover how your organization can achieve a Happily Ever After close.

Fairy Tale Month-Tale Close

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. 

AP Automation Guide

Financial Close KPIs You Should be Tracking

This eBook will explore what is meant by KPIs, which KPIs you should be tracking, and how to achieve those with the use of automation. In other words, making sure you are measuring and managing the right information across your business.

KPI tracking Trintech

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. 

CFO 3.0

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.

Deep Finance Book

Bridge Your ERP Gaps with Financial Automation

Financial automation effectively supplements existing ERP systems by seamlessly integrating with distinct ERP vendors while automating tedious, manual-heavy processes. Discover the challenges, benefits, and steps to optimize your close in more detail by downloading this comprehensive eBook below.

ERP gaps Trintech

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.

GASB 87 Handbook

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.

CFOs drive business value

5 Steps 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.

Accelerate Your Business

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.

Faster Close

5 Reasons Spreadsheets are a Problem

Spreadsheets have been the backbone of finance and accounting for decades even as technology has changed dramatically during the same time frame. But organizations quickly find themselves buried in a mountain of spreadsheets and investing an inordinate amount of human resources to maintain the highly manual process. This eBook takes a look at what have commonly been identified as the top five, often interconnected, problems associated with an over reliance on spreadsheets by the office of finance.

spreadsheets are a problem

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.

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.

allianz bankruptcy ebook

Guide to Modernizing Your Reconciliation Process

Managing reconciliations with manual methods and legacy tools may appeal to the traditional accounting mindset, but with the ever-changing business landscape, it is imperative that mid-market organizations accelerate and augment their financial close processes with automation. This eBook investigates both the challenges and opportunities that surround manual reconciliations. 

reconciliation process

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.

Outgrown Accounting System

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.

Questions CFOs for Controllers

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.

ASC 842 Handbook

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.

disaster recovery plan

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.

cloud discovery

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.

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Supercharge Your Book Closing Process by Blitzscaling Quote-to-RevenueTuesday, February 14, 1 PM CST

Learn how to design your organization’s quote-to-revenue process for a significantly faster and more efficient book closing and audit in this fireside chat with our presenters who have firsthand experience running the business systems and technology behind Okta’s hypergrowth phase from $100M to $1B.