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As a CFO, you’re responsible for more than just accurate numbers. You’re expected to deliver insights that drive growth, protect margins, and support long-term strategy. But if your team is still stitching together financials from multiple systems and spreadsheets, your ability to lead with confidence is constantly at risk.
As a CFO, you’re responsible for more than just accurate numbers. You’re expected to deliver insights that drive growth, protect margins, and support long-term strategy. But if your team is still stitching together financials from multiple systems and spreadsheets, your ability to lead with confidence is constantly at risk.
I hear the hype too, the breathless press releases promising “fully autonomous accounting departments.” Let’s be candid: general-ledger automation is still at the crawl stage. The ledger itself remains a rules-driven, highly deterministic system, and AI hasn’t rewritten that DNA.
As a CFO, you’re responsible for more than just accurate numbers. You’re expected to deliver insights that drive growth, protect margins, and support long-term strategy. But if your team is still stitching together financials from multiple systems and spreadsheets, your ability to lead with confidence is constantly at risk.
Intercompany accounting often breaks as organizations scale—slowing close cycles, increasing risk, and burying finance teams in manual work. Learn how automation and real-time visibility can streamline operations and eliminate common intercompany challenges.
When a parent company consolidates a subsidiary’s financial statements into its own complex accounting, issues arise.

Enterprise Resource Planning (ERP) systems are vital tools for modern businesses, seamlessly integrating various functions such as finance, HR, procurement, […]

Our CEO, Ben Taylor, explains the vision behind SoftLedger’s next-generation accounting platform and the advantages his new architecture provides with […]

Multi-entity organizations have a unique accounting challenge that other companies don’t face; intercompany transactions. So, in addition to traditional account […]

If your company owns a subsidiary or is a subsidiary of another company, the accounting processes are different from traditional, […]

Solid hospital accounting processes are essential to keep healthcare organizations compliant, efficient, and profitable. However, there are lots of nuances […]

Each subsidiary of a parent company has its own balance sheet and, for the most part, operates as a separate […]

When it comes to managing your business’s financial operations, the terms “ERP System” and “Accounting Software” are often used interchangeably. […]

Companies that frequently handle transactions in currencies other than their functional currency often have gains/losses caused by foreign exchange rates. […]

Does your company frequently handle foreign currencies? If so, you are aware that foreign exchange rate fluctuations can significantly impact […]

If your company manages multiple entities, there are a lot of accounting complexities that you have to consider at the […]

One of the most complex aspects of multi-entity accounting is dealing with intercompany eliminations. If this step isn’t performed properly, […]

We recently completed a study of 91 CFOs of multi-entity companies and asked them about their accounting processes. Our goal […]

Traditionally, creating consolidated financial statements was a time-consuming process that exposed your financial statements to error. While many companies still […]

Every company that deals with money need to deal with it properly and keep its books legitimately balanced. This can […]

Poor inventory management leads to a major loss of time. Downtime can cost anything from $140,000 to $5 million per […]

Many people turn to investment and portfolio management software to ensure they invest their finances correctly. Whether for business or […]

Venture capital is a form of private equity and a type of financing that investors provide to startup companies and […]

A year ago, we never could have predicted where we’d be today. The world has been upended by the COVID […]

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