Financial Reporting

Of course, when we have detail data available daily, preparing the quarterly and annual numbers and budgeting becomes a much more efficient process. Not only can we have more accurate reports earlier, we can save money.

Weve seen it repeated across many industries in these pages: Detail data is essential. The better insight we have into our businesses, the better oversight. Thats critical in todays environment. Shareholders faith in corporations has been eroded. At worst they believe we lie, and at best they think we dont really understand our business. The truth is, if we dont have detailed, accurate, timely information, we probably dont understand our businesses as well as we should. We need to regain the publics trust. Fortunately rebuilding public trust is also good for the bottom line.

Better insight Better oversight Higher value