A company’s annual audit can be a massive headache for financial departments in the best of times, let alone in a changing virtual world. The new normal, such as remote and hybrid working models and evolving legislative requirements like UK SOX, can make audit readiness even harder to achieve. Finance and accounting teams must now modernize their operations to collaborate virtually, drive flexibility to meet changing regulations and controls, and increase visibility into audit readiness and documentation.
To succeed in the new normal, companies are streamlining the Financial Close and experiencing a 26% reduction in the time required for audit support and a 23% reduction in audit discrepancies*.
Watch this on-demand webinar in partnership with Financial Director webinar to learn how companies have modernized in a few short months without disrupting their business to realize:
*FloQast Customer Survey December 2021