As we all look to navigate the “new normal” brought about by the COVID-19 pandemic, it’s clear that figuring out the complexities of the new normal will continue for the foreseeable future. Though we’re adjusting in real-time, the degree of disruption, coupled by a mostly remote workforce, has adversely impacted utilization and morale.
The Finance and Accounting (F&A) Department is not immune to the difficulties presented by remote working. Decreased efficiency, room for miscommunication, and increased likelihood of error are all possible for teams who suddenly found themselves not able to work in the office for an extended period of time. Despite these challenges, we must be able to continue to operate as if we’re in a normal environment. Ledgers must be closed, financial information shared with internal and external stakeholders, and controls and procedures followed as designed.
Download this Whitepaper to learn more about:
- How to update antiquated reporting processes
- Enhancing the accounting team's ability to execute tasks remotely
- Preparing proper process documentation