CFO Journal: Reboot, Reposition Controllership to Boost Value
August 17, 2021
““Scenario-based reporting that focuses on critical metrics and value drivers in real time is an important part of how we monitor and manage the business”…As controllership functions assume elevated roles in data analytics and forecasting to increase strategic value to organizations, the roles and responsibilities for finance and accounting are beginning to blend and overlap with those for financial planning and analysis, says Kramer. “Accounting is evolving beyond the numbers to support strategic aspects of the business, including finance and forecasting, in a more fulsome way””.