While it is true that many jobs and positions can be fully automated to save both time and money, accounting is not likely to be completely automated in the future

The Accountant of the Future

Society has been hearing the same riff for years: in the future, everyone’s job will be done by a robot. While it is true that many jobs and positions can be fully automated to save both time and money, accounting

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Automating Company's Finances

Dynamic Financial Reporting

No one understands how much time recurring tasks can eat up better than a business owner. When it comes down to things like paying the bills or sorting out payroll, you spend a lot of valuable time finishing the task

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Skills Financial Controllers Should Have

6 Skills Every Financial Controller Should Have

A financial controller plays a vital role in your accounting and finance department. In order to ensure you are getting the best candidate for your business, search out financial controllers that possess these skills. Knowledge The most obvious skill you

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How to Create a Profit and Loss Report

How to Do a Profit and Loss Report

Business owners often make business decisions based on three reports: a cashflow statement, a balance sheet, and an income statement or profit and loss report. These three reports tell the business owner nearly everything they need to know about the

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The Role of Today's Changing CFO

The Changing Role of Today’s CFO

There is a saying in the business world, the only real constant is change. This is especially true for the Chief Financial Officer (CFO) position. As businesses see a shift toward a global stage, CFOs are faced with the need

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Comptroller or Controller, Which Do You Need?

Comptroller or Controller, Which Do You Need?

A well-run accounting and finance department is one of the most important parts of running a business. An important part of a well-run accounting and finance department is a supervisor. You will need a controller or a comptroller to keep

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Financial success looks different for every business

What Does Financial Success Look Like for Your Business?

Financial success looks different for every business. A new business will measure financial success differently than their more established peers. An established business will measure financial success differently than an equal business from a different industry. However, some metrics for

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