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Resolving financial reporting issues with technology

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Jul 31, 2019

On July 31, 2019, Accounting Today published an article on how technological advancements have a number of advantages that could take financial reporting from good to great.

Most companies understand how critical the record-to-report process is to their business. However, lopsided attention and investment on the front side (recording, closing and consolidating) have left the financial analysis and reporting functions trailing behind in both efficiency and effectiveness — despite reporting being the most visible and scrutinized part of the process.

Thankfully, enterprises have potent tools to quickly improve their financial reporting and make it both faster and more accurate. Such tools, along with streamlined processes and a renewed commitment to the reporting function, can alleviate most of the issues plaguing financial reporting in organizations.

Review the full article on Accounting Today's website.

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