Topics: Record-to-report cycle
Posted on March 12, 2024
Written By
Miyani Lourembam
Integrity of financial data is critical for every organisation. However, this conflicts with the figures, which indicate that a staggering 40% of CFOs voice concerns over the accuracy of their company’s financial reporting. This revelation underscores a need for innovation within the record-to-Report (R2R) process.
As businesses strive for excellence in financial management, record-to-report (r2r) process improvement becomes not just an option but a necessity. This infographic delves into transformative strategies and technological advancements to redefine R2R functions. From foundational standardisation to the frontier of AI and blockchain, we present a roadmap for CFOs eager to navigate the complexities of modern financial reporting with confidence and precision.
Useful read: Building A Simplified R2R Process
Explore how partnering with QX can introduce advanced R2R solutions into your organisation, from AI-enhanced reporting to cloud-based financial systems, ensuring you stay ahead in the competitive landscape. Get in touch with us today!
Originally published Mar 12, 2024 11:03:31, updated Mar 12 2024
Topics: Record-to-report cycle