CIOPages.com Accounting and Finance Transformation Resources is intended to help business, and IT leaders engaged in the transformation of the finance and accounting functions. Finance transformation is a fundamental rethinking of how finance operates and includes significant shifts in people, process, capabilities, strategy, and technology. Accounting and Finance are no longer just a record keeper of historical facts. Finance and Accounting transformation is an attempt to making the finance and accounting function transcend its rather pedestrian past and become a dynamic business decision-making tool with (almost) real-time pulse on the firms’ operations and financial flows. Rely on CIOPages.com Finance Transformation Resources.
An overview of Accounting and Finance Transformation
Are you considering an accounting and finance transformation? if so, let us get the definition of finance transformation right upfront. Most experts define Finance and Accounting transformation as assessment, gap analysis, and implementation of systems and processes designed to orchestrate the record to report value stream. It is more than just implementing a system but involves remaking the finance function respond to the dynamic changes in business, meet onerous compliance mandates and aid in decision-making. Rely on CIOPages.com Finance Transformation Resources to help you succeed in reinventing the finance function. Read More