With cash flows squeezed by the dramatic slowdown many have faced as COVID-19 continues to spread, some firms are struggling for their very survival. Yet, I’m convinced that now—even in the midst of the pandemic—is the time to transform the way finance and accounting teams work.
They impact everything from bonds to loans to mortgages.
The financial close is a stressful time, even under ordinary circumstances. Getting through it in the midst of a pandemic—with everyone working remotely—would have been unimaginable. Now that we’ve done it a couple of times, what have we learned? And how can you be better prepared for next time?