Current finance data management landscape Today’s dynamic marketplace calls for a new breed of finance. Finance as a function needs to transform itself to be more nimble and agile to meet stakeholder demands and serve as a true business partner rather than a back-office department focused on transactional processing and historical reporting. In other words,... more
The global pandemic has seen more and more companies accelerate their move to the cloud and become more cost-efficient, agile, and innovative. As an on-demand, self-service environment, the cloud is now vital to achieving end-to-end digital transformation. Now, more than ever, the cloud is helping businesses reinvent and outmaneuver uncertainty. Cloud migration initiatives, such as... more
Finance data lives in many places within the company and goes by many names—chart of account, cost center, product code, business units, projects, legal entities, as well as core reference data such as billing codes, taxonomies, geocodes, and product classifications. And the finance functions of most organizations typically have a process for managing and changing... more