Why Automating information requests is essential for multi-division accounting
In today’s fast-paced, globally connected business environment, companies targeting growth often expand their presence across regions. This expansion brings added complexity, particularly in the finance and accounting (F&A) domain, with diverse compliance requirements for each new legal entity,…
Automating Finance: Where CFOs Should Focus for QuickWins
For organizations embracing finance automation, the guiding principle is simple: “Start Small, Scale Fast.” This approach ensures incremental, manageable changes, allowing finance teams to adapt effectively and achieve quick wins.When assessing the scope of automation and available solutions,…
Inter-company reconciliations and the power of automated transaction matching
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…
How finance leaders can leverage functional expertise for tech adoption
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…
Why Financial Close Software is a Strategic Ally for Controllers
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…
Gen AI in financial controllership – seizing opportunities, navigating risks
Gen AI is an exciting opportunity for companies to explore especially in the world of finance and accounts. From automating routine tasks to providing deep analytical capabilities, Gen AI is poised to revolutionize how organizations manage their financial…
Simplifying finance close – a roadmap to achieving significant ROIs for finance teams
Simplifying finance close – a roadmap to achieving significant ROIs for finance teams In a recent conversation with one of our customers in the automobile ancillary sector, we discovered that they had significantly reduced their finance close lifecycle…
Crafting customer love – Navigating the path from services to products!
Embarking on a transformative journey alongside our customers has been nothing short of a captivating adventure over the past 10 years. Here at Consark, we unfold a tale that transcends the traditional service-provider narrative, blending evolution, teamwork, and…
Going digital with variance analysis & commentary aggregation for today’s global businesses
Variance analysis is more than a process to report facts. Finance teams leverage this tool to communicate a clear story to stakeholders. Large enterprises often face complex reporting structures, making variance analysis vital for insightful decision-making.
The Transformative Role of Technology in Valuations
In the fast-paced world of finance, accurate and timely valuations are crucial for making informed investment decisions. Technology has emerged as a game-changer here, revolutionizing the traditional methods of valuations. With the advent of advanced algorithms, machine learning,…