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

The Kini Group

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 No one likes financial reporting. There, I said it. Analysis, now sometimes that’s fun. But reporting?

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

The Kini Group

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 No one likes financial reporting and analysis. There, I said it. Analysis, now sometimes that’s fun.

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