FinanceMay 26, 2021

BARC-Study: Account Reconciliation and Closing - The Journey from Excel to Artificial Intelligence

Account Reconciliation and Closing | New BARC Study on Challenges, Key Success Factors and Recommendations

Today organizations are doing business globally, so it is essential to financial management to have a powerful, efficient, and transparent consolidation.

Modern IT solutions close the gap and harmonize multiple data sources to bridge local and group perspectives. They build up a unified finance process chain to automate and speed up the periodic closing within a standardized and structured path and provide finance experts with accurate data within a short timeline.

To learn more about the challenges, key success factors, useful recommendations and a valuable preparation of consolidated financial statements in the digital age, download the new BARC Study "Account Reconciliation and Closing – The Journey from Excel to Artificial Intelligence" for free.

Get a quick overview of the most important figures and the state of development in organizations by downloading the free BARC Info graphic "Account Reconciliation and Closing"!

As Wolters Kluwer, we are proud and thankful to support this BARC market study. We understand the complex challenges that face the Office of the CFO and translate our knowledge into intuitive, enterprise-scale CCH® Tagetik performance management software solutions that drive business results. CCH Tagetik provides a unified platform for financial close from account reconciliation, to local close, group consolidation, reporting and disclosure.

Source: BARC Study, Account Reconciliation and Closing - The Journey from Excel to Artificial Intelligence April 15, 2021

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