How to Maximize the Value of Your Financial Close Management
Listen to article Financial close is a painful process, and everybody wants to make their business processes faster and more streamlined. Organizations often seek an efficient way to manage their financial close because it likely consumes a significant portion of the finance team's bandwidth. There's often constant pressure on businesses from regulators and stakeholders to streamline the close and reporting process, ensuring timely reporting. Many companies struggle to complete their financial close and reporting on time due to the unorganized data sources and manual effort. This result is paving the way for companies to look for cloud solutions. We see an increasing number of companies adopting cloud solutions to drive integrated and automated financial consolidation and close processes. Here are six priorities you should consider when looking at Cloud-based financial close solutions for stacked deadlines, an overload of spreadsheets, a...