Trends Report

Use Process Automation To Tame Your Financial Close And Consolidation Circus Act

June 30th, 2011
George Lawrie, Vice President, Principal Analyst
George Lawrie Vice President, Principal Analyst
With contributors:
Mike Gilpin , Sander Rose

Summary

The world's largest firms face mounting pressure to deliver more timely and transparent financial results that are subject to more exacting standards. As a result, they are increasingly concerned about the level of heroism required by key IT and finance staff to deliver reported financial results in complex, global organizations. Application development and delivery professionals, looking for less drama, increased standards, and predictability, are turning to process automation to achieve these goals. Application development and delivery professionals have key roles to play in supporting their colleagues in developing the business case, selecting, and implementing the tools to automate financial closing and consolidation processes.

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