When to Upgrade Financial Consolidation Software

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White Paper by Ventana Research

 

ventana research

The Need for a Faster Close
Most companies need to accelerate their accounting close. Our recent benchmark research found that, on average, companies take longer to complete this process than they did five years ago: 8.0 days vs. 7.5 days for the quarterly close and 7.2 days vs. 6.5 days for the monthly one. Only 38 percent of research participants reported they complete their quarterly close within five or six days, down from 47 percent previously.

We have identified three key factors that determine how quickly a company close.

  • One is how well the process is designed and executed.
  • The second is how well the company manages data.
  • Both of these are connected to the third: the software used to support the closing process.

Moreover, how quickly a company closes its books affects its “extended close,” the full span of
activities that continue into internal financial and managerial reporting and external reporting and
filing. continue...

26 February 2015 – 16:00 pm CET

Just unveiled a refreshed logo and corporate identity: “We get Finance. You get Results”.

New identity highlights the combination of deep finance expertise and targeted innovation that drives results for our customers.

Why the new identity? Why the dice?

Learn more…

26 Febbraio 2015 – 16:00 pm CET

Tagetik lancia un nuovo logo e una nuova corporate identity: "We get Finance. You get Results."

La rinnovata filosofia del brand riflette la combinazione tra competenze finanziarie avanzate e innovazione tecnologica mirata, a beneficio dei nostri clienti.

Perché una nuova corporate identity? Perché il dado?

Scopri di più…

26 Februar 2015 – 16.00 Uhr

Wir stellen heute vor: Ein aktualisiertes Logo und ein neues Unternehmensprofil: "We get Finance. You get Results".

Das neue Unternehmensprofil betont die Kombination aus umfassendem Finanzwissen und zielgerichteter Innovation, die für Kunden großen Nutzen bedeutet.

Warum gibt es das neue Unternehmensprofil? Wozu der Würfel?

Erfahren Sie mehr…

26 February 2015 – 16:00 pm CET

Tagetik dévoile son nouveau logo et sa nouvelle identité d’entreprise: "We get Finance. You get Results".

Cette nouvelle identité met en avant la combinaison d’une forte expertise dans le domaine de la finance et d'une constante innovation ciblée conduisant à des résultats probant pour nos clients.

Pourquoi une nouvelle identité? Pourquoi le dé?

En savoir plus…