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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes. last year with no signs of slowing down–a return to a steady interest rate isn’t expected until 2025. In addition to this economic squeeze, skills shortages are still a key challenge.

Finance 52
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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Jet Global

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1. Reports due in 2025. Reports due in 2026.

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Generate More Value From SAP Data With a Real-Time Close

Jet Global

In fact, a recent survey of 155 finance executives revealed that 55% of respondents want an automated financial close by 2025. Companies like yours want a new close process, and your team says they need it yesterday. Unfortunately, this experience is not uncommon.

Finance 52
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The New Era of Transparency: Navigating CSRD with insightsoftware

Jet Global

The Corporate Sustainability Reporting Directive (CSRD) marks a significant leap forward in environmental, social, and governance (ESG) transparency, but its phased timelines pose substantial challenges for financial reporting. The first wave of companies currently falls under the microscope in 2025.