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Global Finance Teams Falling Behind in Digital Transformation, According to Report from insightsoftware and Hanover Research

Jet Global

The most prominently growing responsibility is the rise of strategic decision making at 41% (up from 29% in 2021) and internal risk management at 37% (up from 30% in 2021). To learn more about the challenges finance teams face, download the full report: Finance Teams Trends Report. Scalability of Processes.

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SOX Compliance Guide

Jet Global

The majority of your SOX compliance audit will be spent reviewing internal controls for the purposes of risk management assessment. Improved Risk Management : The focus on internal controls and risk assessment in SOX helps companies identify and manage potential risks more effectively.

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5 Ways to Improve Oracle Financial Reporting Efficiency

Jet Global

Modern financial reporting solutions offer robust capabilities to streamline processes, enhance collaboration, and provide real-time insights. These solutions empower Oracle finance teams to focus on higher-value activities, such as financial planning and analysis, risk management, and driving business growth.

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It’s 2025. What Does That Mean for Finance?

Jet Global

Modern financial performance management platforms are stepping up with powerful tools to streamline workflows, foster seamless collaboration, and deliver real-time insights. The future of finance is smarter, faster, and more strategicand automation is leading the charge.

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Beyond Safe Harbor: Modernizing Tax Technology With Longview Tax

Jet Global

For multinational enterprises (MNEs), Safe Harbor has been a lifeline, enabling efficient risk management and keeping the focus on growth. These provisions have been a crucial shortcut for businesses, allowing them to bypass complex tax calculations if they meet specific criteria. But today’s tax environment is rapidly changing.

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Board Report Best Practices

Jet Global

management satisfaction. Reflection on how these KPIs can be improved or sustained going forward can also be an element to include in the report. Compliance Risk Management. A board report may contain information related to this and detail how the company is dealing with any existing exposure to legal penalties.

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Agility for Strategic Decision-Making: A Finance Team Imperative

Jet Global

Other related tasks that saw big jumps in prioritization for finance were “management of company’s investments,” “internal risk management,” and “short-term business strategy,” all of which carry strong strategic importance. Disclosure management (up 13 percent from 67 percent in 2021 to 80 percent in 2022). Download Now.

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