Think You’ve Automated Financial Processes? Think Again.
Modernizing the financial close process is not new, and organizations have been incrementally improving their processes with investments in ERPs, reporting tools, and point solutions over the last decade or so.
Despite this investment, companies still struggle with their month-end close because critical financial data is still in non-integrated systems. Many companies must resort to exporting data into multiple offline spreadsheets to gather and manually compile information from their ERPs, GL systems, and other financial data resources.
Download this eBook to read 4 common reasons organizations think they’ve automated, and what new information they are now considering to transform their approaches to world-class automation:
- “We already close in 4-5 days”
- “We have a close solution”
- “We have reconciliations covered”
- “We have consolidation and reporting covered”