Consider would like to wish you a joyous New Year full of friends and family and continued success in all your endeavours in 2015.
In this issue: +++ Whitepaper: Sustainable Finance Excellence +++ Internal Controls: The Elephant in the Room +++ Record to Report Webcast Recording now Available; Upcoming Webcast Announced+++
Arguably the cost of finance functions has halved over the last two decades while expectations have almost doubled during that time. A series of transformation programs (supported by armies of consultants) have implemented ERP systems, established shared services and addressed the stringent demands for greater control and regulatory compliance. At the same time competitive pressures have increased the demand for better and more comprehensive decision relevant information.
Read the new whitepaper by David Mitchell, EVP Transformation and Process Optimisation, in which he discusses this new financial landscape and other challenges facing Global Process Owners as they work towards continuous improvement and form process communities.
Access the whitepaper here.
We all know the elephant in the room. The fact that looms in the back of everyone’s mind, the unavoidable, obvious problem that everyone is aware of but nobody will own up to. This phenomenon can manifest itself in many ways – but it’s especially troubling in the boardroom.
Companies make use of all sorts of internal controls on financial reporting, from entity level controls to IT general controls to process level controls. These checks are essential to normalize processes, ensure compliance and prevent fraud and foul play. However, there’s a high cost of safety and compliance that negatively affects both time and expenses.
Take a look at CEO Dan French’s new Pulse article about the Elephant in the Room on LinkedIn here.
Thank you to everyone who attended our recent webcast, Record to Report: Getting to a Safer-Faster-Better Close. For those who were unable to attend, the full recording of the webcast is now available. You may access the recording here. If you would like a copy of the webcast slides as well, please address your request to firstname.lastname@example.org.
After receiving thoughtful feedback from attendees, Consider is delighted to announce a new webcast diving deeper into specific improvements that can be made in the Record to Report process. Join us for a pragmatic walkthrough of the process choke points and automation improvement opportunities around the Financial Close cycle. We will be reviewing common issues, best practices and case studies showing the business results achieved by optimising key elements of the process.
Attendees will learn:
The webcast will take place Thurs, Jan. 29th: