Month: August 2024

At Consark, we have focused on creating a customizable transaction matching routine that enables users to establish reconciling rules personalized to their specific accounting practices. This adaptability is crucial, especially in the complex process of inter-company reconciliation, which becomes even more challenging when preparing consolidated financial statements under Generally Accepted Accounting Principles (GAAP).

A recent Gartner survey with CFOs revealed that the top priority for 2024 is “Leading transformation efforts.” This finding is particularly insightful when considering how tools and technology can significantly enable CFOs and finance teams to accelerate this transformation.

From crunching numbers into the early hours to steering strategic decisions, the role of controllers has evolved significantly. As financial processes become more complex, cutting-edge technology empowers controllers to drive change and meet the evolving demands of enterprise finance teams.