Cloud-based Financial Consolidation and Reporting

/in /by BPM Partners

Sponsored by Host Analytics

Learn how to address the many challenges of an under-powered or overly rigid financial consolidation system with a modern solution.

  • Author: BPM Partners
  • Date: March 2016
  • Pages: 7
  • This white paper is available for Instant Download

Executive Summary:

All companies know they require planning and forecasting software to replace spreadsheets, but many do not think they need a financial consolidation solution. If they require just minimal or no currency conversion, or have only one general ledger, they often tolerate the struggle to get through quarterly and year-end close and reporting manually. As other processes in Finance are improved, though, the difficulties in the financial close stand out more.