Financial Excellence With Game Changers, Presented By Sap

The buzz: “There’s limited precedent into how a global pandemic like COVID-19 will impact financial services organizations as they prepare to complete their first virtual close” (www2.deloitte.com). Every CFO and finance team needs to close the books at period-end. But now, as the current pandemic has pushed accountants and other white-collar workers to their home offices, there’s talk about a “Virtual Close” and whether companies are ready to close the books remotely. Financial processes, from daily transactions to publishing financial results, will need to be carried out in a virtual environment. Two types of leaders will emerge. The forward-looking will see a new opportunity to make a lasting impact on their businesses and ensure seamless execution to preserve business continuity. The others will simply pull back. We’ll ask Molly Boyle at Blackline, Imran Lodhi at TruQua and Katharina Reichert at SAP for their take on Welcome to a New World: The Virtual Financial Close.