5 paybacks of automated Financial Close and Consolidation

5 paybacks of automated Financial Close and Consolidation

 

5 paybacks of automated Financial Close and Consolidation

The first step towards the digital transformation of finance begins at square one: financial close and consolidation. An often-overlooked, underdeveloped process, legacy financial close, and consolidation are rife with costs that ricochet to the far corners of financial management, affecting reporting, analytics, planning, and decision-making.

In contrast, an automated close and consolidation solution creates a solid foundation for all other financial management processes and is a critical component in evolving finance into a data-driven business partner to the organization.

We’ve identified the 4 Hidden Costs of Legacy Close and Consolidation. Now, here are the five paybacks of CCH® Tagetik’s automated financial consolidation and close solution.

White Paper from  CCH-tagetik

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