What is the Business Case for Cloud-Based Financial Reporting/Analysis?

Published by Kepion

In the current business climate there is a large focus on how businesses can and should use cloud-based services to gather more accurate insight out of their data analytics and conduct their financial reporting/analysis. Many firms find themselves struggling to set quotas, create sales budgets, or conduct accurate sales and operations planning when using Excel spreadsheets. If we look at the key financial processes such as budgeting, planning, forecasting and reporting, an overwhelming number of businesses continue to depend on spreadsheets to perform these important functions; yet, most departments are aware that they spend too much precious time managing and organizing data, when they should be using those hours to actually conduct their financial reporting/analysis.

Read now to find out about cloud-based financial reporting/analysis.

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Related Categories Strategic Planning and Analysis, Accounting Software, Financial Technology, Security Solutions