What are the true costs of a legacy consolidation & close solution?

What are the true costs of a legacy consolidation & close solution?

 

What are the true costs of a legacy consolidation & close solution?

You wouldn’t take an “if it ain’t broke, don’t fix it” approach to financial consolidation. Yet, many finance teams rely on excel or legacy systems patched with band-aids and workarounds, risking inaccurate performance insights and poor decision-making.

Common issues include:

  • Manual intercompany eliminations
  • Custom-scripted consolidation rules
  • Multiple tools for standard tasks

So why aren’t finance teams upgrading?

  • Lack of awareness of alternatives
  • Overburdened with daily tasks
  • Accepting inefficiencies as “the way things are”

Isn’t it time to rethink consolidation? Explore the ebook!

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