White Paper: Are We Expecting Too Little?

In an effort to be leaner and more efficient, it is hard to believe that we may be unintentionally allowing low expectations to flourish. Interestingly, while senior management’s process improvement agenda targets areas like budgeting and business intelligence within finance and accounting, the monthly account reconciliation process – a recurring and manually intensive key compliance activity for most publicly traded organizations – has been largely overlooked. This whitepaper explores three areas where management has traditionally set very low expectations and discusses the implications and dangers of continuing to settle for less.