Crunch Time 7: Reporting in a digital world
Improving management and financial reporting with emerging technologies
When you say the word reporting, binders full of spreadsheets, charts, and footnotes might come to mind. Alternatively, maybe conference rooms with executives grinding through slide presentations. In addition, behind it all, there is an army of finance teams who have been working for weeks to pull it all together. The ritual continues, month after month after month. In the best of all worlds, this ritual would deliver reports aligned with the changing needs of the business and that rarely seems to happen.
As a CFO, you might think you have better things to do than spend 15 minutes reading about how reporting will evolve in the future. After all, there’s no big pressure to do anything differently, right? The answer to that question depends on the kind of reporting you’re talking about. For internal management reporting, the business case for change is huge.
In the attached report, we will take a look at how companies are using digital tools to upgrade their reporting processes to get better information distributed faster – and at a substantially lower cost.
- The future of reporting
- Potential benefits
- Digital technologies driving the future of reporting
- Making the future of reporting real