How to maximize the value of your Financial Close Management?
Need for an Easier, Faster, Efficient Financial Close Financial close is a painful process and everybody wants to make their business processes faster and more streamlined. Organisations will always look for an efficient way to manage their financial close, as it currently exhausts a major part of finance team's bandwidth. There will always be pressure on the business from regulators and stakeholders to gear up the close and reporting process and ensure reporting on time. Most companies will be struggling to complete financial close and reporting on deadlines due to the unorganized data sources and manual effort. This result is paving way for companies to look for cloud solutions. We are seeing more and more companies looking at cloud solutions to drive an integrated and automated financial consolidation and close. Oracle survey held recently found that more than half of respondents are planning to move consolidation and close to the cloud. Here are six priorities you shall consid...