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Webinar Recording

Five Steps to Evolve Your Legacy Record-to-Report Process

Date: Monday, June 6, 2016
Time: 2:00 pm - 3:00 pm EDT
Continuous Accounting represents an evolution of the traditional Record-to-Report process, enabling finance teams to perform tasks at times when they make the most sense from a business and process perspective rather than tying the tasks to a rigid accounting calendar.

Join this webinar and learn how Dun & Bradstreet is able to use a Continuous Accounting approach to eliminate non-value work, quickly centralize key finance and accounting functions, and increase transparency, visibility, and accuracy during the entire close process across 70 operating entities worldwide.

You will also learn about the key steps to transitioning your finance team to Continuous Accounting:
  • Identifying batch activities and breaking them down into logical work units,
  • Making the completion of these work units part of standard workflows,
  • Examining business triggers and moving tasks from calendar to event-based scheduling,
  • Automating tasks as much as possible and creating routine processes for non-automated steps,
  • Monitoring these processes and intervening immediately when anomalies are identified
After attending this event you will be able to:
Identify batch activities and break them down into logical work units.
Recognize how to make the completion of these work units part of standard workflows.
Examine business triggers and move tasks from calendar to event-based scheduling.
Automate tasks as much as possible and creating routine processes for non-automated steps.

Speakers

Gretchen Sikora, Senior Finance Leader, Dun & Bradstreet
Gretchen Sikora
Senior Finance Leader, Dun & Bradstreet
Gretchen Sikora brings over 20 years of experience with Dun & Bradstreet leading their Center of Excellence model for Accounting. Her diverse experience includes company spin-offs, acquisitions and divestures utilizing the GBS module to continue to build centralization and standardization. Over the past three years, Gretchen has been leading the initiatives for the Global Controller Organization transitioning key processes from the international markets to the Center of Excellence. With a focus on transforming the transactional accounting close, Dun & Bradstreet can leverage the same systems, processes and procedures globally through consolidations, standardization, and automation with emphasis on improving the control environment
Susan Parcells, CPA, CGMA, Director of Finance Transformation, BlackLine
Susan Parcells, CPA, CGMA
Director of Finance Transformation, BlackLine
Throughout her career as both an auditor and various management positions within Accounting, Susan recognized that the traditionally manual processes within the financial close were not only inefficient but often times exposed companies to risk. She began to focus on process improvement around the close, helping accounting teams reduce their workload and instead use their analytical skills to focus on other value-added activities, all while enhancing controls around those processes. She now spends her time attending conferences, tradeshows and other venues to educate companies on ways in which they can optimize their financial close processes along with having great control around them.
Michael Shultz, Director of Finance Transformation, BlackLine
Michael Shultz
Director of Finance Transformation, BlackLine
Michael is a CPA with over 15 years of experience in accounting and auditing, serving the railroad, financial and manufacturing industries. He has extensive familiarity with preparing and auditing quarterly and annual SEC filings, focused research and writing white papers on a myriad of topics. In the past, Michael has been a Treasurer and Financial Reporting Manager. He has held positions at Ernst and Young, Deloitte, and KPMG.
Moderated by: Ernie Humphrey, Educational Programs Leader, Proformative
Moderated by: Ernie Humphrey
Educational Programs Leader, Proformative
Ernie currently serves as the CEO of 360 Thought Leadership Consulting. 360 Thought Leadership Consulting helps companies define and unlock the strategic value of their thought leadership programs. Previously Ernie served as the Vice President, Educational & Marketing Programs for Proformative. Ernie has overseen the content and execution of over 200 events designed to further the careers of finance and accounting leaders and related professionals. Formerly, Ernie served as the Director of Treasury Services and as a Director of the Corporate Treasurers Council for the Association for Financial Professionals. Ernie has extensive experience in the areas of educational program development and execution, online marketing, website content management, international cash management, and acquisition integration. Ernie has a BS and MS in Economics both from Purdue University.

Sponsor

Event Sponsor BlackLine
BlackLine - BlackLine is a leading provider of Enhanced Finance Controls and Automation (EFCA) software and the only one that offers a unified cloud platform supporting the entire close-to-disclose process. BlackLine’s EFCA Platform helps midsize companies and large enterprises improve the accuracy and reliability of their financial reporting, achieve process efficiencies and improve visibility into their Finance & Accounting (F&A) operations. The platform enables customers to move beyond outdated processes and point solutions to a ‘Continuous Accounting’ model. With Continuous Accounting, real-time automation, controls and period-end tasks are embedded within day-to-day activities, allowing the rigid accounting calendar to more closely mirror the broader business.

More than 125,000 users across 1,300 companies in approximately 100 countries depend upon BlackLine to increase accountant productivity and elevate controls and compliance functions to Modern Finance status.

Certification is not required to get started, but please let us know which certifications you have.

By filling out this form you will become a member of Proformative, and are subject to Proformative's User Agreement. This webinar is provided to you for free by the sponsor, who may contact you later.

Continuing Education Information

Certified Public Accountant

  • Continuing Education Credit
    1 CPE Credit
  • Field of Study
    Accounting
  • CPE Delivery Method
    Group-Internet
  • Program Location
    Online
  • Program Level
    Basic
  • Prerequisites
    No advanced preparation or prerequisites are required for this course.
More information about CPE Credits

Continuing Professional Development

  • Continuing Education Credit
    1 Hour
  • Field of Study
    Accounting
  • CPE Delivery Method
    Group-Internet
  • Program Location
    Online
More information about Hours

Certified Management Accountant

  • Continuing Education Credit
    1 CE Credit
  • Field of Study
    Accounting
  • CE Delivery Method
    Group-Internet
  • Program Location
    Online
  • Program Level
    Basic
  • Prerequisites
    No advanced preparation or prerequisites are required for this course.
More information about CE Credits