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| Efficiency and flexibility underscore FTG's approach to this critical task. Today's environment demands that these processes support best practices and the underlying technologies perform the tasks efficiently. Reports need to be generated quickly, maintained with minimal effort and provide advanced analysis ability. Furthermore, these systems should allow users to self-serve, minimizing the reliance on finance for repetitive tasks and freeing it up for more value-added analysis. FTG assists client to shorten close cycles, create new efficiencies and enhance Finance's value by enabling new functionality and integrating these systems with other data sources and analytic tools. |
- Automating manual processes and reports, including the preparation of cash flow statements and data requests to support external reporting.
- Establishing standard policies and procedures to support calendar deadlines and minimize post-close adjustment entries.
- Facilitating the coordination of close activities, including calendar planning and the communication of status and issues across the organization.
- Implementing a Close Management process to monitor and maintain the status of all close activities, facilitate communication and planning across the organization, and provide centralized document storage and version control.
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Financial Consolidation and Reporting Solutions |
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Financial Data Warehouse (FDW)-Datamarts |
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Regulated industry:
Companies in regulated industries, such as banking, insurance, and utilities, typically have special accounting and reporting requirements.
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| A Single Source of Truth : Align external reporting more closely with management reporting |
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