One of the imposing aspects of Q1 2020 financial close is working from home. Without direct access to transactions, ad hoc analyses, stop by the office queries and exchanges required to tie-out numbers, accountants spend more time vying for necessary transactional details. Simple task like document preparation for journal entries take a long time to

“We are in great shape,” were the closing comments on Thursday afternoon before wrapping up his weekly finance department meeting. Who would know the very next day these words haunt the CFO of a mid-size public company? As a conservative company until recently executives discouraged working from home. But everything changed in a span of

“Interpretation of cost is not the same for everyone,” rationally argued a large company CFO. True understanding of cost varies widely based on the method ,scope of activity and time period. For instance, cost accountants using activity-based-costing opt to carry specific direct and indirect activities to manufacture a widget, but decide cost based on a

Cost Take-Out through Robotic Process Automation PE firm considering cost take-out has a big opportunity in Robotic Process Automation (RPA).  Executives are quite exposed to first generation automation of activities, more commonly referred to as Process Automation. While there may not be much left to take-out with the first generation automation, enterprise-wide robotic process automation