The backbone of any business is its accounting team. It guides today’s business leaders to make their most crucial decisions. But running an efficient accounting team can be tough when faced with out-of-date systems, transactional processes, and scarce talent. Find out how to turn your F&A function into a competitive differentiator with our white paper.

2. From preventing the misuse of company assets, to increasing
production and profit, accounting is the tool that makes effective
business management possible.
The backbone of any business, accounting guides today’s
business leaders to make their most crucial decisions. And the
more complete and accessible the data a business has, the
more forward-thinking executive leadership can be.

3. It is easy to understand why businesses today struggle with
building best-in-class accounting practices. Many CFOs face
the same debilitating issues, be it limited resources, disparate
systems or scarce talent. And in fact, while the CFO is
expected to play a more strategic role in the C-suite,
technology, and globalization are adding layers of
complexity—as well as overwhelming opportunity—to the
corporate finance function.
Many organizations are still struggling with chaotic month-
end closings, late reports and backward-thinking analysis
which put undue stress on hard-to-attract F&A employees.
Until very recently, many businesses could not afford the tools
and technology necessary to gain the advantages of a
streamlined accounting approach. And CFOs often have their
hands full just trying to get accurate reports ready on time.

4. Breaking Down Accounting
and Finance

5. Are planning, forecasting, and budgeting
effectively.
Only 45% of CFOs
An IBM study found that 87 percent of CFOs agree that planning, forecasting,
and budgeting optimization is important, but only 45 percent believe they are
doing it effectively.

6. How Does a Successful Finance
Team Add Value?
There is more to effective finance and accounting than generating
accurate annual reports. In fact, reports are only a by-product of best-
in-class accounting – not the main goal.

7. With world-class accounting, customers appreciate better
service stemming from faster, more accurate billing.
In today's hyper-reactive business landscape, making
critical decisions using data from reports generated several
months ago is extremely risky. The world is moving faster
than ever before and your accounting team needs to be
prepared to meet new challenges.

8. How Accounting Technology Fits
into the Bigger Picture
Modern accounting technology makes the integration and
consolidation of disparate systems possible, at a price
accessible to all.
Automation and cloud-based accounting platforms can both
help a business achieve bestin-class status and offer a
simplified solution to the traditional accounting grind

9. • How to move toward a next-generation accounting team
and use accounting to drive business results rather than
just report them.
• Find the time to focus on valuable judgment-based
processes instead of being buried by transactional
processes.
• How to replace outdated annual reports and budgets with
forward-looking rolling forecasts for better results.
• Why modern accounting technology can help create a
best-in-class accounting function and streamlined
experience.
• The best way to build an accounting team at a time when
90 percent of CFOs report difficulty finding qualified
talent.
You'll learn: