An Introduction to Continuous Accounting
There’s cause for a lot of optimism in finance. By 2020, Accenture predicts productivity of Finance will increase by two to three times while organizational costs will decline by 40% . They also predict a dramatic shift in time spent on analysis, from a mere 25% today to 75% in the future.
These transformative predictions, are due in large part to the digitization of accounting, and the digitization of business in general. Technologies like cloud computing, mobile, automation and analytics are delivering dramatic improvements in efficiency, and finance organizations are tapping into it, with 82% of CFOs pointing to cloud applications as the future of their business applications.
Read the full eBook to find out more about Continuous Accounting and the modern approach to closing the books.