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Get practical steps for setting up revenue recognition internal controls that keep your financial reporting accurate, compliant, and ready for audit.
As your business grows, the simple spreadsheets and manual processes that once worked can quickly become a major liability. With more transactions and increasing complexity, the risk of errors in your financial reporting skyrockets. This is a common growing pain, but it’s one you can solve by building a strong framework of revenue recognition internal controls. These controls are your blueprint for scaling your financial operations without the chaos. They create a standardized, repeatable system that ensures accuracy and compliance, freeing up your team to focus on growth instead of constantly putting out fires and cleaning up messy data.
Think of revenue recognition internal controls as the essential framework that supports your company’s financial health. They’re not just about ticking boxes for an audit; they’re the policies and procedures you put in place to make sure your revenue is reported accurately and honestly. When you have a solid system of controls, you create a reliable foundation for financial reporting, which helps you make smarter business decisions and build trust with stakeholders. Let’s break down what these controls are, why they’re so important for compliance, and how they directly impact your financial statements.
At their core, revenue recognition controls are the rules and processes your company follows to report income correctly. They act as financial guardrails, guiding your team to prevent mistakes and fraud. These procedures ensure that revenue is only counted when it’s truly earned, in the right amount, and at the right time. This isn't just about bookkeeping; it's about maintaining the integrity of your company's financial story. Having clear controls in place means you can be confident that your reported revenue is a true reflection of your performance. These controls are the foundation of trustworthy financial reporting and a key part of running a transparent business.
One of the biggest reasons to establish strong revenue controls is to meet major accounting standards. Regulations like ASC 606 and IFRS 15 set specific criteria for how and when companies can recognize revenue. Your internal controls are the practical steps you take to ensure you’re following these rules consistently. Staying compliant isn't just about avoiding fines or legal trouble; it’s about building a sustainable business that operates with integrity. When you can prove that your revenue is reported according to these standards, you protect your company and build credibility in your industry. Automated systems can help ensure your business maintains ASC 606 & 944 compliance as you grow, simplifying a complex but critical process.
Strong internal controls directly translate to reliable financial statements, and that accuracy has a ripple effect across your entire business. When investors, lenders, and partners look at your financials, they need to trust what they see. Correct and consistent revenue recognition builds that confidence, making it easier to secure funding or negotiate favorable terms. Internally, accurate financials empower you to make better strategic decisions. With a clear picture of your revenue streams, you can identify trends, forecast more effectively, and allocate resources with precision. This level of accuracy allows you to pull meaningful insights from your data and guide your company’s growth with clarity.
Building a reliable system for revenue recognition isn't about finding a single magic-bullet solution. Instead, it’s about creating a framework of interconnected practices that support accuracy and accountability. Think of it as building a strong foundation for your financial house. When you have solid components in place, you create a system of checks and balances that not only prevents errors but also protects your business from fraud. These controls give you confidence in your financial statements, make audits less of a headache, and provide the clear data you need to make smart business decisions.
A strong control environment is built on four key pillars: separating responsibilities, maintaining clear documentation, establishing formal approvals, and consistently monitoring your systems. Each one plays a distinct role, but they work together to create a resilient and transparent process. By focusing on these core areas, you can design a system that fits your business needs and scales with you as you grow. For a more detailed look, our practical guide to revenue controls offers even more insights. Let’s break down what each of these components looks like in practice.
This is the classic principle of not letting one person have too much control over a financial process. In short, different people should handle different parts of a transaction. For example, the team member who generates a customer invoice shouldn't be the same person who records the payment and reconciles the bank account. This separation of duties creates an automatic, built-in check. It makes it much harder for fraud to occur and significantly increases the chances that an honest mistake will be caught by a second pair of eyes. It’s a simple but incredibly effective way to add a layer of security and accuracy to your revenue cycle.
Every transaction should leave a clear, easy-to-follow trail. This means keeping detailed records of all sales, contracts, invoices, and payments. When your documentation is standardized and complete, it creates an unambiguous history that anyone can follow. This is crucial for internal reviews, financial planning, and, of course, audits. Having everything in order proves that your revenue is recognized correctly and helps you answer any questions that may come up. Strong documentation is even easier to maintain when your financial tools are connected through seamless software integrations, ensuring data flows consistently across your systems.
Before a significant transaction is finalized, it should be reviewed and approved. A formal approval workflow ensures that multiple people, often from different departments, put their eyes on a transaction before it’s recorded. For instance, a sales manager might approve a new contract before the finance team invoices the client. This process confirms that the transaction is valid, the terms are correct, and it meets the company’s policies. It adds a critical layer of oversight, preventing unauthorized or incorrect transactions from slipping through the cracks and impacting your financial reporting.
Your revenue controls aren't something you can set up once and forget about. Your business evolves, and so should your control systems. You should regularly test your revenue recording methods to make sure they are still effective and compliant with accounting rules. This can involve performing spot-checks on a few sales to confirm they were recorded correctly or running internal audits to review the process from start to finish. Consistent monitoring helps you identify weaknesses before they become major problems and ensures your controls remain effective over time. Seeing how this works in an automated system can be a game-changer; scheduling a demo can show you what’s possible.
Building a solid control framework is like creating a blueprint for your financial processes. It’s your company’s specific plan for managing revenue recognition accurately and consistently. This isn’t about adding layers of bureaucracy; it’s about creating a clear, intentional system that protects your business, ensures compliance, and gives you confidence in your numbers. A well-designed framework brings order to complexity, making your processes easier to follow, audit, and scale as your business grows. It's the foundation that allows you to make strategic decisions based on data you can trust.
Think of it as a four-step process. First, you identify where things could go wrong. Then, you write down the rules to prevent those issues. Next, you put that plan into action. Finally, you regularly check in to make sure everything is working as intended. By following these steps, you can create a robust framework that supports your team and strengthens your financial foundation. This proactive approach helps you move from reacting to problems to preventing them in the first place, which is key for sustainable growth and accurate financial reporting.
Before you can build effective controls, you need to know what you’re controlling against. A risk assessment is your starting point. It’s where you take an honest look at your revenue processes and identify where mistakes or even fraud are most likely to occur. Think like an auditor: where are the weak spots? Are there complex contracts that are often misinterpreted? Do you rely heavily on manual data entry in certain areas? These are the areas that require the most stringent controls. This initial step is crucial because it helps you focus your efforts where they’ll have the biggest impact, ensuring you’re not just creating rules for the sake of it.
Once you know your risks, it’s time to create a clear plan to address them. This means writing down a detailed revenue recognition policy that explains exactly how your company handles revenue, following all the latest accounting rules like ASC 606. Your policy should be the single source of truth for everyone in the organization, from sales to finance. It needs to be straightforward and easy to understand, outlining procedures, responsibilities, and expectations. When everyone is on the same page, you reduce confusion and ensure consistency across the board, which is essential for accurate financial reporting.
A great policy is only effective if it’s put into practice. Your implementation plan is the bridge between your written rules and your daily operations. This plan should detail how your controls will be integrated into your existing workflows. Who is responsible for each step? What software or tools will be used? What is the timeline for rolling out new procedures? A key focus should be on the timing of revenue recognition, ensuring your controls are designed to get it right every time. A clear plan makes the transition smoother and helps your team understand how their roles contribute to the company’s financial integrity.
Finally, a control framework isn’t something you can set and forget. You need to regularly check that your controls are working as they should. Quality assurance involves ongoing monitoring and testing to catch and fix problems early. This could mean conducting periodic internal reviews, running exception reports, or using automated tools to flag unusual activity. These checks ensure your processes remain effective and compliant over time, especially as your business evolves. By building in a regular review cycle, you can maintain accuracy and adapt your controls to new challenges, keeping your financial reporting reliable. You can schedule a demo to see how automation can streamline these checks.
Relying on manual processes and spreadsheets to manage revenue controls is not only slow but also leaves you vulnerable to human error. As your business grows, these manual systems simply can’t keep up with the volume and complexity of your transactions. This is where technology steps in, transforming your control framework from a reactive, checklist-based system into a proactive, automated one. By implementing the right tools, you can build a system that ensures accuracy, maintains compliance, and scales with your business.
Automating your revenue controls isn't just about saving time on data entry. It’s about creating a single source of truth for your financial data, reducing the risk of costly errors, and freeing up your team to focus on strategic analysis rather than tedious reconciliation. With automated workflows, real-time monitoring, and powerful analytics, you can close your books faster, pass audits with confidence, and make smarter business decisions based on data you can actually trust. The goal is to build a resilient financial infrastructure that supports your growth instead of holding it back.
Your business runs on a variety of software—your CRM, ERP, billing platform, and more. When these systems don't talk to each other, you end up with data silos, which are a major source of errors and inefficiencies. Integrating your software is the first step toward creating a cohesive and automated control environment. A connected tech stack ensures that data flows seamlessly from one system to another, eliminating the need for manual data transfers and reconciliations.
Connecting your revenue recognition tool with your existing business systems is essential for accurate financial reporting. When your sales data from your CRM automatically syncs with your revenue schedules, you create a reliable and auditable trail. This ensures that revenue is recognized correctly and consistently across the board. Look for solutions that offer seamless integrations to unify your data and streamline your workflows from sale to financial statement.
Manual data entry is not just time-consuming; it’s a significant risk to your financial accuracy. A single typo or miscalculation can have a ripple effect, leading to incorrect financial statements and compliance issues. Automating your revenue recognition processes removes this risk by handling complex calculations and journal entries for you. This is especially critical for businesses with subscription models, usage-based billing, or other complex revenue streams that are difficult to manage manually.
By automating these processes, you ensure ASC 606 compliance and gain real-time visibility into your financials. Automation can manage everything from allocating transaction prices to handling contract modifications, all while maintaining a clear audit trail. This allows your team to move away from spreadsheet management and focus on higher-value activities. You can find more helpful strategies in the HubiFi blog to get started.
In a manual environment, you often don't discover a control failure until you're closing the books at the end of the month or quarter. Real-time monitoring tools change that by giving you immediate insight into your revenue processes. These systems continuously watch for anomalies, exceptions, and potential control breaches, allowing you to address issues as they happen, not weeks later. This proactive approach is key to maintaining a strong control environment.
Advanced systems can flag unusual transactions, monitor user access, and ensure that all revenue-related activities follow your established policies. This continuous oversight provides assurance that your controls are working effectively day in and day out. If you're curious to see how this works in practice, you can schedule a demo to see how an automated platform provides this level of visibility and control over your revenue streams.
Strong controls and clean data are the foundation for powerful financial reporting and analytics. When your revenue data is centralized and automated, you can generate accurate, detailed reports with just a few clicks. This makes month-end closing, audits, and board reporting significantly easier and more reliable. You can move beyond static reports and use data analytics to uncover deeper insights into your business performance.
With a robust system in place, you can analyze revenue trends by product, region, or customer segment. You can create more accurate revenue forecasts and model the financial impact of different pricing strategies or business decisions. This level of data-driven insight is invaluable for strategic planning and helps you steer the company with confidence. Ultimately, technology turns your internal controls from a simple compliance exercise into a strategic asset for growth.
Putting strong revenue controls in place is a fantastic goal, but let's be honest—it’s not always a straightforward process. As businesses grow, what once worked on a small scale can quickly become a source of errors and inefficiencies. Many teams run into the same roadblocks, from tangled data streams and disconnected software to simply not having enough people for the job. The good news is that these challenges are completely solvable with the right approach and tools. You’re not alone in facing them, and there are clear paths forward.
The key is to anticipate these hurdles so you can build a framework that’s resilient from the start. Ignoring them can lead to inaccurate financial statements, compliance issues, and a lot of manual cleanup down the road. Whether you’re dealing with complex subscription models or trying to get different software systems to cooperate, a proactive strategy makes all the difference. By breaking down each problem, you can implement targeted solutions that strengthen your controls instead of creating new headaches. Let’s walk through some of the most common issues and how you can address them head-on.
If your business earns money in complicated ways—like through subscriptions, bundled products, or long-term contracts—you know how hard it can be to apply controls consistently. Each revenue stream has its own rules for recognition, and managing them manually is a recipe for errors. The solution is to standardize and automate. By mapping out each revenue type and defining its specific control requirements, you can build a repeatable process. An automated system can then apply these rules correctly every time, ensuring that even the most complex revenue models are handled with accuracy and consistency, freeing your team from tedious manual calculations.
When your sales, accounting, and billing systems don’t talk to each other, you end up with messy, siloed data. This makes it nearly impossible to get a clear and accurate picture of your revenue, which defeats the purpose of having controls in the first place. The best way to fix this is by creating a single source of truth. Look for a central platform that offers seamless integrations with the tools you already use, like your CRM and ERP. This allows data to flow automatically between systems, eliminating manual data entry, reducing errors, and giving you a unified view of your financial performance in real time.
A core principle of internal controls is the segregation of duties—meaning different people should handle different parts of a transaction. For example, the person who creates an invoice shouldn't be the same person who approves and records the payment. This separation helps prevent fraud and catch errors. For smaller teams, this can feel like a challenge, but it’s still achievable. You can assign distinct roles and use technology to enforce them with user-based permissions and automated approval workflows. This ensures no single person has too much control, even if your team is lean.
Strong controls require strong documentation. You need to write down your revenue recognition policies and keep detailed records for every single transaction. This ensures everyone follows the same process and provides a clear audit trail for compliance. While this might sound like a mountain of paperwork, it doesn’t have to be. You can simplify the process by creating clear templates and checklists for your team to follow. Better yet, use an automated system that generates these records as transactions occur. This turns documentation from a manual chore into an automatic, background process, ensuring you’re always prepared for an audit.
Even the most sophisticated control framework is only as strong as the people who use it every day. This is where targeted training and development become essential. It’s not just about handing everyone a procedures manual; it’s about building a shared understanding of your revenue recognition policies and, more importantly, why they matter. When your team is well-informed, they become your first and best line of defense against errors and compliance issues. By investing in their knowledge, you ensure that your controls are applied consistently and correctly, which strengthens your financial reporting and protects your business. For more on building a strong financial foundation, you can find additional insights on the HubiFi blog.
Your training program should be tailored to the specific roles within your company. The sales team needs to understand how contract terms affect revenue, while the finance and accounting teams need a deep knowledge of your policies. Provide clear, role-specific training on revenue recognition policies and procedures, explaining not just what to do, but why it’s important. This ensures everyone understands how their daily work contributes to the company's financial integrity. Make the sessions practical with real-world examples from your own business to help the concepts stick.
Once training is complete, you need to verify that your team understands and can apply what they've learned. This isn't about testing people for the sake of it; it's about confirming the effectiveness of your internal controls. You can use short quizzes, scenario-based exercises, or periodic reviews of their work to gauge comprehension. These assessments help you identify any knowledge gaps or areas where your training could be improved, ensuring that your procedures are being followed correctly across the board and that your team is prepared to handle complex situations.
Revenue recognition is a team sport, often involving sales, legal, and finance. Clear communication among these departments is absolutely essential for your controls to work effectively. A breakdown in communication—like the sales team signing a non-standard contract without telling finance—can lead to major compliance headaches. Establish formal channels for communication, such as regular cross-departmental meetings or a dedicated messaging channel, to discuss new contracts, policy updates, and any potential revenue recognition issues. This keeps everyone aligned and accountable.
Accounting standards and business models change, so your team's education can't be a one-time event. To adapt to evolving rules and practices, you need to provide continuous learning opportunities. This could include annual refresher courses, workshops on new accounting pronouncements, or access to industry webinars and articles. Ongoing employee training is a critical part of maintaining a strong control environment. It keeps your team's skills sharp and ensures your company remains compliant as it grows and the regulatory landscape shifts.
Setting up your revenue recognition controls is a huge step, but the work doesn’t stop once they’re live. Your control system isn't a static document you can file away; it's a living part of your business that needs regular attention to stay effective and relevant. As your company grows, launches new products, or enters different markets, your financial processes will naturally become more complex. Without ongoing maintenance, the controls that worked perfectly last year could become outdated, leaving you exposed to compliance risks and reporting errors.
Maintaining and improving your system ensures it remains strong enough to handle new challenges, support your growth, and keep your financial data accurate and reliable. This continuous cycle of assessment and refinement is what separates good financial management from great financial management. It’s a proactive approach that keeps you prepared for an audit at any time and gives you the clean, trustworthy data you need to make smart strategic decisions. Instead of reacting to problems, you’ll be ahead of them, building a resilient financial foundation that can scale with your ambitions. This involves a simple but powerful loop: assess what you have, update what needs changing, and monitor everything to ensure it’s working as it should.
You can’t fix what you don’t know is broken, which is why regular assessments are so important. This means periodically testing your revenue recording methods to make sure they’re still working as intended and align with accounting standards. It doesn’t have to be a massive undertaking every time. You can start by reviewing a sample of recent sales transactions to confirm they were recorded correctly from start to finish.
These checks help you spot small issues before they become significant problems. Think of it as a routine health check for your financial processes. By consistently reviewing your controls, you ensure they remain effective and can catch any discrepancies early, saving you headaches during audit season. Our practical guide to revenue controls offers more detail on this process.
Your business isn’t static, and your control systems shouldn’t be either. As you scale, you’ll likely introduce new revenue streams, pricing models, or sales channels. Each of these changes can introduce new risks that your original controls might not cover. It’s crucial to regularly review and update your policies to reflect how your business operates today, not how it operated a year ago.
This also means keeping your team trained on the latest procedures. When you update a process, make sure everyone involved understands the changes and why they were made. Adapting your controls to keep pace with your growth ensures your financial reporting stays accurate and compliant, no matter how complex your business becomes.
Strong internal controls are your best defense in an audit. Their primary job is to ensure your financial statements are accurate and compliant with standards like ASC 606. Consistent monitoring confirms that your team is following the established procedures and that your controls are effective at preventing errors. When outside auditors review your books, strong controls lead to a much smoother, cleaner audit process.
This isn’t just about passing an audit, though. It’s about building trust. When your financial reporting is sound, it builds confidence among investors, lenders, and other stakeholders. It shows that your company is well-managed and that its financial data is reliable. This kind of trust is invaluable and something HubiFi helps businesses achieve every day.
How do you know if your controls are actually working well? You need to measure their performance. Monitoring is all about checking how effective your control system is over time. This can be done through ongoing checks that are part of your team’s daily work or through separate, periodic reviews. Look at key performance indicators (KPIs) that reflect the health of your revenue operations.
For example, how long does it take your team to close the books each month? Are you seeing a high number of manual journal entries or adjustments? These metrics can signal that a control isn’t working as it should. Using real-time analytics can give you the visibility needed to track these KPIs and make data-driven improvements to your system.
Strong internal controls are more than just a set of rules in a handbook; they’re a reflection of your company’s culture. When your entire organization values accuracy and integrity, your control systems become much more effective. Creating this culture means moving beyond a simple checklist and building a shared commitment to financial responsibility. It’s about making sure everyone, from the C-suite to the sales team, understands their role in protecting the company’s revenue and reputation. This collective mindset not only simplifies audits and ensures compliance but also builds a more resilient and trustworthy business from the inside out.
A culture of control starts at the top. When leadership actively champions and supports strong internal controls, it sends a clear message to the entire company that accuracy and compliance are non-negotiable priorities. It’s not enough for them to just sign off on the policies; they need to understand and communicate the importance of these systems for accurate revenue recognition. This visible support from your company’s leaders encourages buy-in at every level, making it easier to implement and maintain your framework. When employees see that management is invested, they are more likely to take their own roles and responsibilities seriously.
Think of risk management not as a separate department, but as a lens through which you view your revenue processes. Integrating risk management into your culture means proactively identifying potential issues before they become major problems. Your controls should be designed with four key goals in mind: effectiveness, efficiency, reliability, and compliance. By constantly assessing where errors or misstatements could occur in your revenue cycle, you can build safeguards directly into your workflows. This approach turns your control system from a reactive measure into a proactive strategy for protecting your financial health and ensuring operational integrity.
You can have the best control framework in the world, but it won’t work if your team doesn’t understand it. Clear and consistent communication is essential. This involves more than just sending out a memo; it means providing detailed procedures, accessible documentation, and thorough training for everyone involved. When employees understand not just what they need to do but why they need to do it, they are better equipped to follow the rules correctly. A well-communicated strategy ensures everyone is on the same page, reducing errors and strengthening your overall financial operations.
Accountability is the glue that holds your control culture together. When every team member understands their specific role in the revenue recognition process, they can take ownership of their responsibilities. Provide targeted training for your sales, finance, and accounting teams so they know exactly how their actions impact compliance and financial reporting. This fosters a sense of shared responsibility where everyone is committed to getting it right. When accountability is a core value, your team becomes your first line of defense in maintaining a strong and effective control system.
Building a solid revenue control framework is a huge step, but it’s not a one-and-done project. Your business is constantly evolving, and your controls need to keep up. Future-proofing isn’t about predicting the future; it’s about building a system that is flexible, resilient, and ready for whatever comes next. A static set of rules will quickly become outdated, creating compliance risks and operational headaches. Instead, you want to create a living framework that can adapt to growth, new technologies, and shifting regulations.
Thinking ahead allows you to move from a reactive stance—fixing problems as they appear—to a proactive one where you anticipate challenges and prepare for them. This means choosing systems that can grow with you, ensuring your technology works together seamlessly, and staying on top of regulatory changes. It also involves creating a culture where your processes are reviewed and refined over time. By focusing on these key areas, you can build a revenue control system that not only serves you today but also supports your long-term vision and success. For more on staying ahead, check out the latest insights on our blog.
The manual processes and spreadsheets that work for your first 100 customers will become a major bottleneck when you hit 10,000. As your transaction volume grows, the risk of human error skyrockets, and your team can get bogged down in tedious, repetitive tasks. A scalable revenue control system is built on automation. It can handle increasing complexity and volume without requiring a proportional increase in manual effort. When you’re evaluating solutions, think about where you want to be in three to five years. Choose a platform that can handle that future volume from day one, so your growth is supported by your systems, not held back by them.
Your business doesn’t operate in a silo, and neither should your financial data. You likely use a CRM to manage customer relationships, a billing platform to process payments, and an ERP to handle accounting. If these systems don’t communicate, you’re left stitching together data manually, which is inefficient and prone to errors. A future-proof system integrates seamlessly with your existing tech stack, creating a single source of truth for revenue data. This ensures consistency across all platforms and gives you a complete, accurate picture of your financials. Check out how HubiFi handles integrations to connect your entire revenue ecosystem.
Accounting standards like ASC 606 and IFRS 15 aren't set in stone. The regulatory landscape is always changing, and your internal controls must be flexible enough to adapt. Instead of scrambling to update your processes every time a new guideline is issued, build adaptability into your framework from the start. This means having a clear process for monitoring regulatory updates, assessing their impact on your business, and implementing necessary changes to your policies and systems. It also involves training your team so they understand the new requirements and can answer auditor questions with confidence. This proactive approach ensures you remain compliant without disrupting your operations.
As your company grows, you’ll introduce new products, experiment with different pricing models, and enter new markets. Each of these changes can affect how you recognize revenue. Your control framework should be a living system that evolves with your business. Schedule regular reviews—at least annually—to assess your controls and identify areas for improvement. Are your workflows still efficient? Are your documentation standards still relevant? Don’t be afraid to refine your processes to better fit your current operations. This commitment to continuous improvement will keep your revenue recognition accurate and reliable. If you'd like to see how an adaptable system works, you can schedule a demo with our team.
My business is still small. Do I really need formal revenue controls? Yes, absolutely. Think of it as setting a strong foundation while your house is still being built. Implementing simple controls now, like separating who sends an invoice from who records the payment, establishes good habits that will protect you as you grow. It’s much easier to scale good processes than it is to fix messy ones later when your transaction volume is ten times higher.
What's the single most important control to implement first? If you have to start with just one, focus on separating key responsibilities. This is the principle of not having one person handle a financial transaction from start to finish. When you separate duties, you create a natural system of checks and balances that can prevent both accidental errors and intentional fraud. It’s a simple concept that provides a huge amount of security.
How can I implement these controls without slowing my team down with bureaucracy? This is a common concern, and the key is to be smart about it. The goal isn't to create red tape; it's to create clarity and security. You can achieve this by designing straightforward approval workflows and using technology to automate repetitive checks. When controls are built directly into the systems your team already uses, they become a seamless part of the process rather than an extra administrative burden.
My team is lean and everyone wears multiple hats. How can we separate duties effectively? Even on a small team, you can still apply the principle of separating duties. It might mean the business owner approves all invoices before they are sent, or that a different person reconciles the bank account than the one who manages daily bookkeeping. You can also use software with user-based permissions to enforce these separations, ensuring no single person has control over the entire revenue cycle, even if they have multiple responsibilities.
How do I know if my current controls are actually working? You can tell your controls are effective when your financial processes become more predictable and reliable. A great sign is a smoother, faster month-end close with fewer surprises or last-minute manual adjustments. Another indicator is having a clear audit trail for every transaction, which makes it easy to answer questions from auditors or stakeholders. Ultimately, effective controls give you confidence that the financial data you're using to make decisions is accurate.
Former Root, EVP of Finance/Data at multiple FinTech startups
Jason Kyle Berwanger: An accomplished two-time entrepreneur, polyglot in finance, data & tech with 15 years of expertise. Builder, practitioner, leader—pioneering multiple ERP implementations and data solutions. Catalyst behind a 6% gross margin improvement with a sub-90-day IPO at Root insurance, powered by his vision & platform. Having held virtually every role from accountant to finance systems to finance exec, he brings a rare and noteworthy perspective in rethinking the finance tooling landscape.
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