An holistic approach for infesting in Corporate Financial Reporting
The Challenges of Corporate Financial Reporting
Many finance professionals are struggling with the challenges of managing and reporting the financial data of their organizations. This is despite recent investments in financial reporting systems.
This research is intended to let finance professionals understand the current state of financial reports and to explain why recent investments in financial reporting systems often fall short.
In this study one core problem arises: Organizations usually have a fragmentary approach - rather than a holistic approach - of investing. Without a vision and strategy that includes process improvement, data integrity and user adoption software investments will not meet the expectations of most organizations.
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In this report you can read about that in spite of major investments in financial reporting systems, large organizations still:
- Observe rising costs.
- Suffer from ineffective data management.
- Miss certain reporting.
Would you like to review the entire research and want to know more about the solutions to the financial professional? Feel free to download the whitepaper ‘The Challenges of Corporate Financial Reporting’.