Finance Automation in the Month-End Close with Temi Vasco, Controller at Gem
Jan 18, 2022
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Temi Vasco, Controller at Gem, discusses the benefits of automation and efficiency in finance, emphasizing the importance of having the right tools. They explore the month-end close process for Gem, discuss various tools for automation, and highlight the significance of hiring the right people. The speaker also emphasizes the value of curiosity and asking questions in the accounting field.
Automation and efficiency in accounting processes can save time and improve accuracy.
Strong communication and collaboration between finance and accounting teams enhances the strategic role of the accounting team.
Deep dives
Importance of Knowing Unique Talents
Knowing your unique talents and bringing them to your work adds value and helps company growth.
Automation and Efficiency in Accounting
Automation and efficiency in accounting processes, such as the month-end close, can save time and improve accuracy.
Improving Communication and Collaboration
Strong communication and collaboration between finance and accounting teams, as well as other departments, enhances the strategic role of the accounting team.
Tools and Technology for Automation
Implementing tools like Mosaic, Flowcast, and RevLock can streamline processes, save time, and improve the accuracy of financial reporting.
Finance and accounting teams play a significant role in every organization. Their job is to provide relevant and dependable information that helps department heads make the best decisions. But, being an accountant or finance expert is more than a technical role; it is also a strategic role.
The success of these two teams depends on the quality of the workforce and the technology in use. In addition, having the right tools in your tech stack ensures efficiency, prevents repetitiveness, and mitigates mistakes.
In this episode of The Role Forward, Temi Vasco of Gem joins our hosts Joe Garafalo and Joe Michalowski to discuss why automation has been a game-changer in the accounting space. They also touch upon the importance of a healthy relationship between accounting and finance teams and emphasize that transparency is the key to every fruitful collaboration.
Guest-at-a-Glance
Name: Temi Vasco What she does: Temi is the Controller at Gem. Company: Gem (LinkedIn) Noteworthy: Temi has experience working with various industries, including Real Estate, Energy, and the Big Four. Since day one, her job has been to help business owners make the best decisions for their companies. Where to find Temi: LinkedIn
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