6Jan-Feb 2017Copyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JAN - FEB - 2017Mailing AddressValleyMedia, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510 230 0396, F:510-894-8405 Jan-feb - 2017, volume 03 - 01 Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Managing EditorSarah DawsonEditorial StaffSalesAaron Pierce Ava Garcia Jade RayAlex D'SouzaEileen SinghJoshua ParkerVisualizerStephen ThomasAccounting Solution SpecialSamuel Josephsamuel@cfotechoutlook.comEditor's NoteSarah DawsonManaging Editoreditor@cfotechoutlook.comAccounting software is at equipoise, with technology catering to its real needs, and providing complete picture of the business's financial health. In addition to the basic requisite of accounts payables and receivables, accounting software is undergoing a metamorphosis by automating and streamlining the finance and accounts workflows.In tune with the industry's demands to keep CAPEX costs down, alongside accountants requirements to drive process efficiencies, cloud computing is definitely imprinting itself in the preface of most accounting software pages. Together with cost-effective subscription based pricing models and easy implementation, cloud based accounting software is enabling accountants to manage the books of accounts on the go. Alongside flexibility, there are also countless bespoke cloud applications that accountants can leverage to create a client specific practice. Available on mobile devices, these apps with advanced functionalities can enable bill reminders, bank transfers and more, making everyday accounting tasks easy.Cruising alongside the cloud and mobile apps are artificial intelligence and machine learning--lending a helping hand in deciphering real-time metrics and taking appropriate business decisions. In today's dynamic business environment, the added impetus is on in-depth analysis, the simple reports of actionable information and the graphical displays of reports make it easier for the accountants to help position their clients at a vantage point. The ability to garner timely insights and put together a variety of reports that help judge the financial health of the enterprise is the mainstay.In this scenario, there are numerous players in the market that are offering a host of industry-specific accounting features and functionalities. The pertinent business case of the software selection however, has to be the scalability feature of the software, the cost-effectiveness and the lead time to generate various reports. Leafing through the pages of this edition of CFO Tech Outlook will provide you with insights that will help improve the overall performance of your financial value chain. Let us know your thoughts.Ledgers Turning Over a New Leaf*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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