| Financial Data ManagementSmart consolidation or endless consolation? Take control of the period close, secure confidence in the numbers and improve finance function productivity.
Consolidation of financial results is an important matter in any Finance Manager’s books. The dynamic nature of many companies means that this task doesn’t get any easier. Different data analyses, internal reorganisations and acquisitions all add to the increasing complexity of this process.
Many consolidation processes have evolved with the business and are often reliant on key individuals to deliver a set of results. Even where a reputable consolidation package is used, the linkage between the consolidation and the local results is often inefficient.
Consolidation logic may be hidden in desktop applications, data is reprocessed to overcome integrity issues and collection mechanisms need constant attention to adapt to the changing business needs.
Hyperion’s FDM product addresses these issues by providing an “out of box” solution administered by the finance function.
Robust data collection and integrity controls help to deliver confidence in the results and a low cost solution to compliance.
This releases valuable finance resources to focus on more critical business support activities. | EPM for Telcos Seminar
9 Sept 2008, London.
Hear how BT Global Services eliminated spreadsheet chaos by implementing Oracle Hyperion for Consolidation, Planning, Analysis and Reporting. Learn More...
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