Top 4 Reporting Challenges (and How To Overcome Them, Once and For All)
Top 4 Reporting Challenges (And how to overcome them, once and for all) – Why is corporate reporting so challenging?
You know it’s coming—that request for yet another corporate report. Time to serve up the numbers that the board, top management, and others need for insight into how the business is doing. You certainly have plenty of information to work with. In recent years, the amount of data available to finance departments has exploded.
So why is it still so hard to create timely, accurate, consolidated, and easy-to-digest reports—reports that combine financial and nonfinancial data to help leaders across the organization spot trends early? In Workday’s survey on the topic of reporting, only 46% of accounting and reporting teams saw themselves as effectively meeting stakeholder needs. Why the poor marks— and what can you do to solve the problem?
This eBook looks at four common financial reporting challenges and what you can do to tackle them. Read on and learn how to overcome them, once and for all.