Finance teams have a lot on their to do lists at year end and, frequently, their most difficult challenge is annual planning and budgeting. At many companies, this process takes too long and devours resources. Finance teams spend more time on administrative tasks relating to these processes – collecting, consolidating and reconciling data – and not enough time for analysis, strategy development and target setting. And the tools that are commonly used, spreadsheets and emails, leave too much room for error and are time consuming to update with the relevant data.
Read this NetSuite blog post to learn more about the tools that can help your organization to improve this process. Contact the GYF ERP Solutions Group to learn how the NetSuite ERP solutions can help your business overcome these and other accounting challenges.
CFOs Are Still Buried in Spreadsheets