4 Hidden Costs of Legacy Close and Consolidation

    White paper

    What if we told you that outdated consolidation processes are costing Finance more than time?

    In this white paper by CCH Tagetik, we’ll lay out unexpected ways traditional consolidation methods are draining your resources — financial, operational, and human — and tease out why an end-to-end, automated consolidation strategy is the key to unlocking consolidation’s — and Finance’s — insight generating potential.

    In this white paper, you'll learn: 

    • The key indicators of a costly consolidation process
    • Why we ignore mission-critical consolidation updates
    • Four cost drains of legacy consolidation systems:
    1. Financial statement errors
    2. Human resources consumed by menial tasks
    3. Data-less decision making
    4. Bound to the office in a virtual world
    • How to evolve financial close and consolidation with automation

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