3 Predictions for Accounting & Finance in 2021

Everything changed in 2020—the way we work, the way we shop, the way we learn, the way we socialize and celebrate, and hopefully, the way we look out for each other. 2020 has challenged us to adapt quickly and rethink everything.

And yet, in other areas, 2020 has changed nothing:

  • Manual effort is still the number one bottleneck in the financial close process
  • According to the ACCA, more than 90% of spreadsheets contain serious errors, while more than 90% of spreadsheet users are convinced that their models are error-free
  • Our global survey found that 55% of finance leaders said they were not completely confident they could identify financial errors before reporting results
  • And also that nearly 70% claim their organization has made a significant business decision with inaccurate financial data

Read the full article at: www.blackline.com