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 latest insight “Four hidden costs of a legacy consolidation and close process “
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