Jagan Reddy, Leeyo Software
Agents of Change When the Accounting World is Changing
Technology and business model innovations over the last decade have had profound impacts on the way people live, work and play. And that innovation is expected to accelerate at an exponential pace. As basic product and service revenue models evolve to include subscription, pay-as-you-go, application usage, single and multiple purchase, overages and returns; revenue recognition has become much more complex.
Each of these innovations has a cascading effect on the businesses that surround them - from the creation of new subscription-style businesses, to the sharing economy, to hosting an enterprises’ most sensitive financial data in the cloud. While those innovations continue to swirl around us, accounting, IT and finance organizations must be agile and adapt to the new world with flexibility and foresight.
As “change agents” for their organizations, it will be these people who must ensure the company’s systems, processes, policies, and personnel can not only keep up with the rapidly changing technology landscape, but also stay compliant with rapidly changing rules such as ASC 606.
This keynote gives a glimpse into the future of technology, compliance, and the cloud and provide the audience with thought provoking insights into the role accounting groups must play in this new dynamic and ever changing world.