Presented at INNOVATE 2021

Session ID: 100200

Reporting is the final destination of converting raw data into information to run your business. MR is going to be the future of reporting as FR is going away. However, companies that are on FR should upgrade to MR. This is not a quick and easy decision, especially if your organization has built reports extensively in FR. But thanks to the flexibility of MR, it does allow auto-migration to an extent.

Presented at INNOVATE 2021

Session ID: 100240

Manual tracking of the close process using Excel and emails is one of the reasons companies still experience issues in their close process from an accuracy, transparency and comprehensiveness perspective.

By standardizing and embedding controls in close processes, organizations are able to eliminate labor-intensive, non-value adding activities and streamline decentralized and disjointed workflows that lengthen cycle time. Financial Close Manager module of FCCS is built for centralized, web-based management of period-end close activities across the extended close cycle. It helps to manage all close cycle tasks, including ledger close, data loading and mapping, financial consolidation, account reconciliation, tax, and reporting processes.