Record to Report Solutions (R2R)

There is a type of applications for financial processes that is focused on closing period activities. To achieve it, companies invest a significant amount of time, energy and money into the process.
My client is one of them and we have provided some solutions that works in this direction: automate as much as possible.

Working continuously on the improvement of these tools, enable them to:

  • Improve their cycle times, focusing on more business critical activities during the financial close (financial analysis to be more competitive).
  • Fewer resources required to support the financial close and financial reporting.
  • A reduction in audit fees
  • Reduce or eliminate workload peaks during the financial close
  • Standardization of processes, reference data and compliance activities across the enterprise
  • Issue isolation and resolution
  • Better adaption to the changes
  • Fewer reporting errors

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