Surviving the Pain of Month End, From the Perspective of an Accountant and Financial Analyst
The objective……to close the books
The goal…….to be on-time.
Given the challenge, how do we achieve this when your Oracle EBS or Oracle Cloud system lacks in reporting? At business school, the thought of having an 8 to 5 job was something to dream of. A career in public, corporate, financial accounting was the discussion at university, however, no one was prepared for Oracle’s challenges. This challenge goes across the globe and is affecting how month-end processes are run at all enterprises. Financial reporting is a huge issue, and most are struggling with wasted time exporting and formatting. Or worse, printing reports and keying numbers into templates. IT departments are “hunting down” a better way to close the books and finish reporting for the business. In many cases, the business will take matters into their own hands to fix month-end even if it takes extended hours, which is the cause of the problem because the objective is to close the books and the goal is to be on-time. How do we fix it?
Tiffany Newkirk is our Solutions Manager and former Senior Financial Analyst
Rafael Torres is our Director of Finance Reporting and former Senior Accountant
Both will share what was given to them as a solution back in the days and why companies like SplashBI are in business and how we can help.