What are the true costs of a legacy consolidation & close solution?
Tired of reading?
You wouldn't take an “if it ain't broke, don't fix it” approach to financial consolidation. Yet, many finance teams rely on excel or legacy systems patched with band-aids and workarounds, risking inaccurate performance insights and poor decision-making.
Common issues include:
- Manual intercompany eliminations
- Custom-scripted consolidation rules
- Multiple tools for standard tasks
So why aren't finance teams upgrading?
- Lack of awareness of alternatives
- Overburdened with daily tasks
- Accepting inefficiencies as “the way things are”
Isn't it time to rethink consolidation?
Explore the latest insight Four hidden costs of a legacy consolidation and close process