Current Situation
The traditionally siloed nature of financial functions like account receivable, procurement, expense management,and accounts payable limits coordination, collaboration, and communication between these financial functions.
Goals and Objectives
Decision makers will leverage advanced technology to have a much more holistic view of the company’s financial position in order to make better strategic decision.
Technology Deployed
Enterprise hardware, personal devices, cloud, Big Data and analytics, mobile, applications, business consulting, cognitive technologies, and IoT
Use Case Summary
Technology is used to support collaboration for complex end-of-period financial processes including reporting financial statements and completing the financial close.