Financial Transformation Report: Lean Consolidation
Subscriber Content
Best Practices for Assessing Lean Financial Transformations and Consolidations
This sample report discusses how to strengthen the efficiency and effectiveness of an organization's financial consolidation process.
Testing involved enhancing internal controls over the consolidation process, streamlining the process for consolidating financial information and reporting, improving the quality of financial reporting, supporting information sharing through online report access, increasing employee satisfaction and confidence within finance, providing scalability necessary for anticipated future growth, and reducing costs. This tool is designed to ultimately eliminate rework loops, lessen manual keying and improve controls.