The digital transformation is fundamentally turning the classic CFO organization with its usual tasks and team structures on its head. Finance teams and controlling departments are increasingly faced with the challenge of reshaping themselves into modern and efficient corporate units. But this is much easier said than done. As a result, it is not uncommon for companies to need up to three months to prepare their annual financial statements, not to mention consolidated financial statements or those of affiliated companies.
Finance & Controlling is predominantly characterized by recurring tasks and activities that could easily be delegated to software. To move from reactive to proactive financial management, end-to-end concepts, integrated ERP and financial accounting systems and, above all, a new data culture of traceability and transparency are required. Continuous accounting systems can provide the decisive remedy here.
Learn how this can also be achieved in your company in our free webinar on 10/19/2023, 10:00 am.
The focal points at a glance:
- Continuous Accounting Systems: Basics
- Integration with ERP functions
- Audit-proof cloud
- Continuous HGB-compliant inventory valuation
- Compliance and workflow-controlled document release
- On-Top: OCR Digital Invoice Processing
- Integrated digital contract management
- Intercompany: liquidity planning and cash pooling
- Task planning, automatic accrual posting
- Creation of financial reports at the push of a button
Your added value:
- Professionalize your finance department and free it from tedious tasks
- End-to-end automation of recurring processes such as valuation, compliance, postings, accruals, deferrals, documentation, etc.
- Audit-proof archiving, gap-free communication, transparent reporting at the push of a button
- and much more.
