Today’s accounting teams face numerous challenges, including increased workloads, complex tasks, difficulty in hiring and retaining talent, and issues with data quality and accessibility. Technology, including AI, has the potential to significantly improve their work in critical areas such as the month-end close and compliance, but requires a well-aligned game plan and organizational buy-in.
Join this session to learn how by integrating FloQast’s accounting automation platform with your Deltek Costpoint, Maconomy, Vision or Vantagepoint ERP system, you will automate your accounting team’s operations to work more efficiently with greater transparency and minimal disruption.
FloQast Inc.
Gold
Overview
FloQast, an Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 2,800 global accounting teams - including Twilio, Los Angeles Lakers, Zoom, and Snowflake - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites.
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-Defining the industry trends and challenges facing today's accounting teams, including increased workloads, difficulty in hiring and retaining team, and more
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Join this session to learn:
-How well CFOs and accountants understand financial transformation, how they see financial transformation impacting their role, and difference between the perception and reality of transformation
-What the financial transformation framework and financial transformation belief model offer to teams and companies pursuing their future state
-The extent to which CFOs and accountants are ready to embrace AI as part of their transformation journey
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Surveys reveal that financial transformation could significantly alter accountants' roles, impacting their work persona and work/life balance. However, this transformation faces challenges like increased workloads and data quality issues. Another major obstacle is accountants' strong work ethic, which can mask symptoms of a broken system. Technology, especially AI, offers improvements but needs a well-aligned strategy.
Join Stefan van Duyvendijk, Accounting Operations Evangelist and former Controller, as he reviews recent Finance Transformation Survey results and discusses the implications for the future of the accounting function.
Speakers
Sam Rosky
Sales Engineer
FloQast
Sam serves as a Sales Engineer at FloQast. Prior to joining FloQast, Sam was a Senior Accountant for a few start-up tech companies where she had first-hand experience in building out processes and implementing systems from the ground up. Sam also had first-hand experience implementing and using FloQast. When not talking about accounting, Sam is singing in a cover band, hosting trivia, and traveling to every MLB stadium that she can.
Stefan van Duyvendijk
Accounting Operations Evangelist
FloQast
Stefan is the Accounting Operations Evangelist at FloQast. Previously, Stefan served as the Corporate Controller for Kodiak Cakes, a PE-owned, leading consumer packaged food company, and as a Controller for Skullcandy, a multinational headphone CPG. These positions followed his 5 years at KPMG. His experience includes ASC 606 implementation, reduction of financial close timelines, accounting operational improvements, business combinations, financial statement audits, systems integrations/implementation, and SOX audits and implementation.