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However, even with these advanced ERP systems and other third-party software products, most small to large businesses still must manually use Microsoft Excel (Excel) for financialanalysis, reporting, and other activities. This is often due to Excel being overwhelmed by uploading large amounts of data from your ERP at once.
For example, we transitioned payroll management from Excel to SAP, reducing errors and improving efficiency for over 950 employees. CFOs will need to lead the way in incorporating sustainability metrics into financialreporting and decision-making. Internally, we overhauled controls and processes.
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It’s the budgeting, financial forecasting, financialanalysis, and decision-making that support an organization's health and strategy. Some of the core modules include predictive analytics, dashboards and reporting, data discovery, scorecards, and simulation tests. Very Good). 3 Key Pointers.
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However, even with these advanced ERP systems and other third-party software products, most small to large businesses still must manually use Microsoft Excel (Excel) for financialanalysis, reporting, and other activities. This is often due to Excel being overwhelmed by uploading large amounts of data from your ERP at once.
Post-Close Activities: After the books are closed, post-close activities may include archiving financial records, preparing management reports and analysis, conducting financial reviews, and initiating the next period's accounting processes.
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