19
Jul
2017
Difficulty Understanding the Company’s Financial Position and Trends
You are unable to drill down to the GL financial details.
You did not get the GL transaction detail today.
It takes long.
It could be one or multiple reports.
There is need for formatting.
There is an impact if you don’t get it on time.
You need to view your financial information in graphical formats.
You will need tools to use when viewing the information in graphs.
You would like to be able to manipulate the graphical data so that you can isolate and compare key measures against each other.
Accounting has difficulty closing books on time?
They have to manually audit or balance reports.
The reports do not always include all of the account numbers from your GL?
You need to make sure your reports don’t include an account number multiple times.
Reports from accounting are inaccurate.
They have to constantly update information such as dates or add information, such as new account numbers.
There is an impact if they don’t properly display the correct header information on reports.
If adding a new account number to the chart of accounts, you must remember to add that account number into your report format.
It does not always get done properly.
Finance and accounting need to manually schedule the running and distribution of reports.
Different media is required.
Tagged With: Budget Finance
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