The Business Case for An Automated Record to Report Solution
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Delivering ROI – The Business Case for Automated Record to Report
Across the entire Record to Report (R2R) process, companies face the highly labor-intensive and risk-laden process of completing a close cycle in a timely and error-free manner. All aspects of the R2R process —including balance sheet reconciliations, journal entries, close and compliance—are often completed with tedious workflows using spreadsheets and disparate financial accounting systems.
A leading research firm focused on Total Cost of Ownership (TCO) and Return on Investment (ROI) studies worked with Trintech, the leader in Record to Report solutions, to explore these challenges and learn how industry leading financial executives are responding.
The analysts conducted independent research consisting of in-depth interviews with Trintech clients and found that its R2R solution Cadency addresses specific common financial close challenges to deliver a quick and compelling ROI.
Download and read the resulting white paper for some insightful and thought-provoking metrics.