Campfire reposted this
The accounting processes that I keep hearing about 👇 - Manual invoice and bank reconciliations - Messy spreadsheet for accounting schedules and multi-entity consolidations - Calculating ARR and other investor metrics in spreadsheets It often takes teams 2-3 weeks every month to close. Does it work? Sure. The problem is that this amounts to 50 - 75% of a team's bandwidth. 🔢 Finance & accounting teams sit on a goldmine of financial data. Access to information that can: - Accelerate revenue growth by improving GTM efficiency - Improve margins by consolidating vendor spend - Improve internal and Board reporting spending more time on insights and recommendations I only hear about Strategic Finance, no one talks about Strategic Accounting, which is the future of the accounting profession. It starts by offloading manual tasks to software automation.