What are Controllers?
For the Controller
For many organizations, the extended financial close process can involve tens or even hundreds of people doing hundreds or thousands of tasks. Repeated on a monthly, quarterly, and annual basis, this project is too often managed by manual lists and processes along with disconnected systems, presenting a major challenge for consolidating close process status and financial information for management.
CFO's and senior financial executives need quick access to all the information associated with the financial close process through a single dashboard reporting facility that provides a consistent unified view across multiple applications. Only with this level of integration and access can they get to the root causes of issues with the financial close process and take timely action to resolve them.
As a Financial Controller and having responsibility within your organization for overseeing finance activities that include the collection, analysis, and consolidation of financial data, our team of experts can provide you with solutions that can
- Optimize the Financial Close -in a changing regulatory environment, you need to adapt quickly to new requirements and deliver faster, more accurate insights to all stakeholders. MindStream can help you streamline the financial close and report with confidence and insight.
- Streamline Account Reconciliation -account reconciliation is the number one reason for non-data-related delays in the financial close. MindStream can enable you to efficiently manage and improve global account reconciliation by utilizing automation and addressing security and risk typically associated with the process.
- Align Tax Reporting with Corporate Financial Reporting -changing tax laws are causing global organizations to plan and manage their tax matters very differently. MindStream can provide solutions that help support effective tax reporting by connecting the processes, data, and metadata that tax and finance share (i.e., financial planning, financial close, and regulatory reporting.)
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