Product Highlights: Mastering Financial Consolidations and Overcoming Financial Complexity Across Your Business
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This is a podcast episode titled, Product Highlights: Mastering Financial Consolidations and Overcoming Financial Complexity Across Your Business. The summary for this episode is: <p>Learn best practices for simplifying your close & consolidation process focusing on how you can easily bring disparate data from your complex GL structure across multiple subsidiaries and legacy systems for speedy close and consolidation.</p><p>Learning Objectives:</p><ul><li>Identify best practices for simplifying the close and consolidation process</li><li>Determine ways data can be shared across multiple subsidiaries</li></ul>
Key Takeaways
3 major stages that lead to a bogged down process: lack of automation, too few people owning the process, and fragmentation of the software
04:53 MIN
How Planful removes friction from the end-to-end consolidations process
08:08 MIN
Leveraging collaboration features to streamline financial reporting and variance analysis
02:47 MIN
Overcoming financial complexities with aquisitions, alternate hierarchies, and workflows that drive more efficiency.
08:12 MIN
DESCRIPTION
Learn best practices for simplifying your close & consolidation process focusing on how you can easily bring disparate data from your complex GL structure across multiple subsidiaries and legacy systems for speedy close and consolidation.
Learning Objectives:
- Identify best practices for simplifying the close and consolidation process
- Determine ways data can be shared across multiple subsidiaries