Modern accounting maturity model: Your flight map to growth
As your business grows, your accounting function must grow with it. But the industry is evolving rapidly, and growing your accounting department with modern systems can feel like uncharted territory. That’s why we put together this modern accounting maturity model to help you plan your flight path. Download the e-book to explore the path to maturity.
Does your month-end close take forever? Is it impossible to forecast your cash flow? Do you feel that your company is missing opportunities for cost savings or tax benefits? Is your accounting team always in the weeds, spending too much time on tedious tasks instead of strategic initiatives?
You’re not alone.
Many accounting teams struggle to get out of the drudgery of manual tasks. They simply don't have the time to invest in process improvement and technology to mature into a strategic accounting function — and their morale suffers for it.
A fully mature accounting team manages monthly accounting tasks effectively with little manual work. They can access real-time financial data to help drive business decisions. This makes them key players in propelling the business forward.
But how do you level up your accounting maturity? As your business matures, the accounting department must organize processes, adopt the right tools, and gather reliable data to become strategic advisors to the business.
There are five key indicators that help determine the maturity of an accounting function:
- Accounting method
- Operational processes
- Accounting tools
- Data insights
- Regulatory compliance
Our maturity model explores what these five indicators look like at each stage of maturity. This will help you assess your current stage and plan the next step to reach maturity.
Download the e-book and make 2025 your year to thrive. Chart your path to accounting maturity today.
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