The Role Forward: A Strategic Finance Podcast
How to Manage Your Accounting Data Hygiene with Numeric Co-Founder and CEO Parker Gilbert
Mar 27, 2023
Parker Gilbert, Co-Founder and CEO of Numeric, discusses the importance of data cleansing for making informed decisions and the benefits of a strong finance and accounting relationship. They also talk about modernizing the close process, managing accounting data hygiene at high growth companies, the vision of a modern closed process, challenges in accounting, and the importance of strategic thinking and communication.
43:49
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Quick takeaways
- Importance of pushing work upstream to streamline processes and workflows.
- Transformation of accounting workflows leads to accurate data, regulatory compliance, and more strategic initiatives.
Deep dives
The importance of pushing work upstream and building good systems
A key insight from the podcast episode is the importance of finance and accounting teams pushing as much work upstream as possible. This involves building good systems, creating a strong architecture, and developing rich data sets. By doing so, teams can streamline processes such as modeling, forecasting, and collaboration, leading to simpler and more efficient workflows.
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