Financial Reporting
Financial Reporting can no longer be limited to, or silos of Income Statement, Balance Sheet and Cash Flow Statements without integration to all underlying transactions.
Automating Close Management Processes requires Finance Users to seamlessly interact with Business Process owners to review and validate the Financial Transactions driving the Financial Statements. Finance and Business Users must be reviewing the same information to eliminate the risk of inconsistent data and interpretation.
This requires a single Dashboard to view Financial Statement and Transactional data, available to all users cost effectively.