Remove GAAP Remove Payback Period Remove ROI Remove TCO

5 Reasons CFOs Struggle with Financial Reporting (and How to Overcome the Challenges)

The Kini Group

The rest of the C-suite demands to see the ROI for those investments. Recent updates to laws concerning finance include updates to the Financial Accounting Standards Board (FASB) US GAAP financial reporting standards and tight 10-Q and 10-K deadlines. As a result, the price tag – both upfront and TCO – is far lower than it was even a few years ago. In fact, an IDC study showed that cloud solutions offer an average payback period of 7.1 The five-year ROI is 626%.

TCO 37

5 Reasons CFOs Struggle with Financial Reporting and Analysis (and How to Overcome the Challenges)

The Kini Group

The rest of the C-suite demands to see the ROI for those investments. Recent updates to laws concerning finance include updates to the Financial Accounting Standards Board (FASB) US GAAP financial reporting standards and tight 10-Q and 10-K deadlines. As a result, the price tag – both upfront and TCO – is far lower than it was even a few years ago. In fact, an IDC study showed that cloud solutions offer an average payback period of 7.1 The five-year ROI is 626%.

TCO 32