Difficulty Forecasting and Budgeting

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You are not able to see financial data from prior years. Unknown how you do it today. Files aren’t archived. It takes long. Unknown what happens if you can’t get the data. It is difficult to see cash…

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Increased Inventory Cost

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You do not have the information necessary to forecast and meet demands. – You have to maintain excessive inventory because you cannot anticipate demand. Your inventory valuation has not increased enough this year, and it has not met…

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Failure to Meet Forecast

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Manufacturing failed to meet demand. Unknown orders per month missed their promised date. Your current system does not have the ability to calculate valid ship (capable to ship) dates at the time of order entry. How many times…

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Unable to Forecast Accurately

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There is no manageable sales process in place. Unknown current process. Unknown how you enforce it/manage to it. Unknown what steps a sale normally goes through. Unknown length of the average sales cycle. It varies widely by sales…

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Not Knowing Financial Position

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Inter-company transactions must be entered manually in each company. Transactions are re-keyed into multiple databases. There are errors. Transactions do not get recorded in all companies. They get recorded incorrectly resulting in difficulty reconciling the inter-company balances. Time…

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Too Long to Close the Books

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Excessive time is spent in reconciling inter-company due to/from accounts because inter-company transactions have to be entered manually in each company. Inter-company transactions re-keyed into multiple company databases. There are errors. Transactions not get recorded in all companies….

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Difficulty Sharing Financial Data (Internally and Externally)

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You are not able to combine and analyze data from different dimensions. This restricts your analysis capabilities. Unknown impact. You spend a lot of time manually consolidating information, or performing analysis or processing reports. It takes much time….

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Difficulty Understanding Company’s Financial Position and Trends

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After your data has been entered in your GL, you need to manually map your GL structure to the one used in the Corporate reporting model. It takes much time. There are errors. Once mapping is complete, you…

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Difficulty Maintaining Accurate Data and Reporting Models

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Reasons After data has been entered in GL, need to manually map your GL structure to the one used in the corporate reporting model? How much time does it take? Are there errors? Once mapping is complete, do…

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Difficulty Understanding the Company’s Financial Position and Trends

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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…

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