Too many accountants are still bogged down in the trenches using spreadsheets to accomplish complex accounting and finance tasks. The various processes involved in closing the books, reconciling intercompany transactions and tracking key finance controls are completed the same way they were completed a generation ago—manually.
Automation is the solution, created to simplify and ease manual, repetitive processes. ERP systems, for example, automate many of the accounting processes required to run an efficient organization. But, they also leave loose ends that need to be tied together manually, such as the necessary clearing of intercompany transactions, the monitoring of internal controls to address compliance risks and the processes leading to an accurate financial close.
Download this whitepaper to discover the top strategies to succeed in accounting and the five reasons to transform finance and accounting.