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The current crisis and its long-term implications are forcing finance and accounting organizations to reassess their strategies and underlying processes to ensure ongoing sustainability.

With a few virtual closes now under their belts, teams have experienced firsthand the challenges of closing with a distributed workforce. Now it’s time to focus on documenting lessons learned—identifying potential gaps and risks and uncovering ways to improve existing systems to prepare for the next remote close.

  • Finance and accounting departments are not immune to the difficulties presented by remote work
  • Through polling questions, Cohen & Co. determined the three biggest opportunities to enhance performance related to finance and accounting activities during a pandemic
  • FP&A departments can use cloud-based tools to better prepare for the audit and streamline close procedures without ever having to step into the office
  • The COVID-19 pandemic left many industries reeling and wondering how to operate in the new normal with shrinking teams and tight budgets
  • You may be looking for cost efficiencies anywhere you can—including maximizing every existing accounting and finance resource you already have
  • Workiva users in these industries share their experiences using the connected platform to stay together and on target, even during disruptive times
     
  • In a quickfire Q&A, we asked David McGuire of the financial advisory firm Embark about asset impairment in uncertain times
  • Embark, a Workiva partner, solves problems for CFOs and their teams
  • The firm consults on matters including Sarbanes-Oxley compliance, technical accounting, capital market transactions, SEC reporting, due diligence, and financial processes

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