BeyondSquare FinAlyzer - Your partner for Financial Consolidation, Close, Analytics & Reporting

Every decent sized organization deals with management reporting as CXOs and the board expect to receive regular updates on the organization’s performance. Depending on the size of the organization, you could have one or more financial analysts toiling away in putting together the required corporate reports. In most cases this is a time-consuming exercise, leaving little time for analysing the data and taking prompt action. This doesn’t have to be the case though. Here are 3 ways for you to energize your corporate reporting process: 1.Efficient information architecture design There is sometimes a less than optimum understanding of what constitutes good information architecture for an organization. Most organizations feel that a good ERP will take care of managing operations as well as reporting. This is obviously untrue. Most CFOs think this due to the fact that they are not able to derive the most from the power of their ERP. An ERP, in itself, is only a piece of the sys