“But we have already deployed a best-of-breed ERP.”
This is one of the most common things we hear when we speak to organizations about modernizing their Financial Close process with a leading technology solution.
It’s true, an ERP goes a long way towards helping manage parts of the Financial Close process. However, there is still a significant amount of work that is taken outside of the ERP each period end and managed manually, increasing the risk to your financial data.
So, how can you make the most of your ERP investment, reduce manual efforts and ensure both the standardization of processes and the integrity of your financial data?
This eBook examines the main areas and causes of “white space” outside a company’s ERP and how technology can help bridge these gaps to simplify and streamline your financial close. To start, let’s look at some of the key challenges.