If your accounting department is still seen as a back-office expense, one you pay for because well, you have to, then you’ve missed out on one of the biggest business shifts in recent years: accounting’s rise as a true strategic partner.
The finance and accounting function is shifting from the back room to the boardroom.
A lot of this motion has been fueled by the ongoing development of online reporting tools which offer true real-time reporting visibility that enables sound strategic decision-making.
These powerful tools enable business leaders to identify both opportunities and risks in new ways. In turn, accounting and finance leaders have become both partners and advisors, capable of taking on a larger strategic role.