“The only thing that is constant is change.”
- Heraclitus of Ephesus
Within the ever-changing world of business, regulatory change stands out as particularly daunting to even the most experienced CFO. Time-bound, complex and often impacting...
Life after ASC 606/IFRS 15 implementation
The new revenue recognition standards (ASC 606/IFRS15) are pretty massive global accounting changes requiring significant resources to simply check the compliance box. No matter how you approached ASC 606...
There appears to be confusion around the use of the term revenue. Dependent on your industry, revenue can have very different definitions. Revenue management has also become an industry-dependent term. Revenue to a hotel is different from that of...
Are you lagging behind in planning for ASC 606 revenue recognition changes?
From impact assessments to assembling the right project team to finding a window to take a plunge with a new system, finance transformations can be daunting for the CFO and their teams. A soon to be released survey from FSN showed that while CFOs...
After decades in which business applications have coalesced, the world now seems to be shifting into reverse gear, accelerated by the gradual demise of large ERP suites, the complexity of multi-vendor environments in the cloud and the fragmenting...
What's the difference?
Let's first define each idea.
Healthcare organizations, both payers and providers, are going through a transformation. Aging finance IT infrastructures, ACA-driven regulatory changes, Electronic Health Record initiatives and a strong M&A environment mean data volumes and...
This large, independent mail and logistics services company has evolved significantly since their inception 40 years ago. In recent years, their business experienced significant growth as a result of increasing Internet sales, and they wanted to...
In finance and accounting departments in companies across the world, shortening the monthly/quarterly/yearly close cycle is a constant goal that often seems to be a moving target.
