Organizational leadership increasingly expects the finance and accounting team to improve strategic decision-making, manage business risks, monitor and improve organization performance, explore the adoption of new technologies and tools, and drive shareholder value all the while ensuring accounting and regulatory compliance. The current focus on more strategic procedures, such as analysis, business partnering and decision support, results in many companies automating transactional functions and looking to increase the capabilities of their functions. These additional responsibilities come at a time when the finance and accounting function is subject to increased scrutiny and regulation, making it difficult to determine where to begin focusing improvement efforts.
As the role of the CFO continues to expand, precious resources within accounting and finance organizations have naturally become stretched to capacity. CFOs and their teams may not have time to ensure important initiatives such as the integration of advanced analytics and transformation of financial and accounting functions get the attention they deserve, on top of these structural demands, certain events often drive the requirement for highly capable external teams to provide assistance when it matters most.
Baker Tilly can help.
Our CFO advisory services practice focuses on helping owners, investors, CFOs, and their teams meet evolving critical needs along their business life cycle. Baker Tilly has a diversely skilled group that aligns with virtually all needs within the office of CFO.