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Post by account_disabled on Dec 4, 2023 9:38:26 GMT
Macros to the spreadsheet instead of waiting for a person to extract the data according to his specifications or for the company to hire a data expert, both of which are very expensive processes. As a result, data modeling is becoming increasingly complex and requires the use of an increasing number of tools. The risk of losing expertise and good image from a reporting process perspective. If a key employee leaves the organization, all knowledge, often fully or only partially documented, is often lost. This threatens the entire management reporting process and exposes the CFO to additional risk. Not Job Function Email List just business or non-performance related reporting obligations but also image building within the organization. In extreme cases this could severely impact the further development. Of his career. The answer is that CFOs should start looking for self-service solutions that enable them to create the reports they need on their own and that require no programming knowledge. Cloud-based analytics tools offer many conveniences. In many companies, budgeting and forecasting tools are tied to legacy systems that are not connected to foreign subsidiaries or even remote business units.
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