Finance Teams Avoid RPA for Financial Reporting Posted: October 7, 2019 Companies are implementing robotic process automation, but some are reluctant to apply the technology to the financial reporting process. Reasons include the perception of a low return on investment and a hesitancy to replace human judgment, according to Gartner.
Building Efficiency in Accounts Receivable Posted: October 7, 2019 Cash flow can be improved through a well-designed process that incorporates data analytics.
Data Holds the Answer, But Finance Finds It Posted: September 24, 2019 Machines can crunch numbers, but accountants who learn to interpret the data and apply the analysis to solve problems provide the real value to a business.
5 Skills Necessary to Transition from CFO to CEO Posted: September 16, 2019 It takes a special combination of ambition and abilities for a CFO to climb to the top spot on the org chart. Five traits are particularly important for CFOs to possess if they want to succeed as CEOs.
Managing the Business in Good Times and Bad: Is There a Difference? Posted: September 3, 2019 A company with an overall strong business model and culture will tend to be relatively prosperous in good times and bad. Here are some best practices to consider.
How to Focus on Finance Team Performance Posted: August 22, 2019 Monitoring employees and the finance team's overall performance is an important task for a CFO. Creating a weekly scorecard can help track whether specific goals are being met.
FASB Seeks to Delay Effective Dates for Three Standards Posted: August 16, 2019 The Financial Accounting Standards Board has issued a proposed ASU that would grant private companies, not-for-profit organizations and certain small public companies additional time to implement FASB standards on current expected credit losses, leases and hedging. Comments are due by Sept. 16, 2019.
