The Ledger

SF Magazine: Finance and Accounting in the Virtual World

“Accountants tend to be underappreciated by the business. But when the most tedious, time-consuming processes are automated, they finally have the opportunity to showcase their value. As they begin driving business outcomes instead of reporting on what happened four weeks ago, they’re more likely to garner recognition.”

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CFO Dive: Lack of Automation Preventing Efficient Financial Close: CFO Survey

“The key to driving tech adoption acceptance, particularly among finance and accounting teams, Choucair said, is to demonstrate how the technology is empowering, enabling accounting and finance staff to do more value-additive activities while removing the deadline pressure that accompanies manual processing.”

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Forbes: Building A Flexible Finance Function In An Age Of Disruption

“If there’s one thing that the past year has taught us, it’s that our organizations need to be able to react to crises and disruptions at a moment’s notice. What does this mean for CFOs and for finance departments more broadly? It means they must be nimble, agile and responsive to sudden change, in addition to being conscious of long-term preparedness.”

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CFO Dive: Only 20% of CFOs can forecast revenue, earnings beyond a year: survey

“CFOs will push up IT spending worldwide by 6.2% this year to a record $3.92 trillion, according to Gartner, as they accelerate their pre-pandemic plans for digital transformation by at least five years.

Given the disruption from the coronavirus, “this is the perfect time to actually start the transformation,” Ajmera told CFO Dive. “Everyone in the organization — board members, etcetera — understands the pain and understands the need.””

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