How Common Financial Management Processes Affect Analytics Maturity

Published On:
July 6, 2017
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Imagine the difficulties that a finance leader would have in developing timely analysis of performance if multiple business units did not have uniform models for core financial processes. Consider, for example, accounting for inter-company financings, cash flow forecasting, or managing the close-to-disclose cycle. Unnecessary slow-downs in cycle times could be the result. Delay in these cases can have myriad follow-on effects that damage finance effectiveness.