How to Spot If Your ERP Migration Has Left a Reporting Gap
With the ERP migration supposedly complete, why are some finance teams still exporting everything into Excel every month-end? If your team is still manual shifting data to excel to actually understand it… you’re not alone. We’ve experienced that finance teams go through this because many ERP projects solve the transaction problem, not the reporting problem. And in manufacturing finance, those are two very different things. Why Do […]
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How Excel Reporting Can Reduce Visibility in your Month-End
Many of the finance teams that we’ve worked with have been working with a shadow system. What this system usually is? An excel spreadsheet with hard coded cells, data being manually entered, age old formulas that are too heavy and confusing. This confusing spreadsheet sitting quietly between the ERP system and the board pack, leads […]
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Are you Losing 100+ Hours/ Year to Manual Financial Processes?
The first answer for a lot of teams we have worked with is usually, “That’s just how long our Month-end processes take.” And if you think about it… you’ll see alot of time unaccounted for. Which your team spends in validation, fixing errors, reconciling numbers, or some other avoidable and manual task. And before you know it, your team […]
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How your Finance Team Can also Achieve A One-Day Month-End
If the idea of a 1 day month-end sounds unrealistic, you’re not wrong. It’s how many of the teams we talk to feel, especially if your month-end currently takes 7–10 days. So, what if we say the aim is not speed at all, it’s a structure that allows your team to avoid repetitive manual tasks and errors and instead spend that time on predictive modelling […]
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How to reduce Excel dependency when you have ERP Reporting
If you’ve invested in Power BI dashboards and ERP reporting, and weren’t satisfied with the results, you’ve come to the right place. One of our clients had very clean looking dashboards… and were still relying on Excel for most of their reporting process. Let’s see why this happens and what can help you increase reporting efficiency while […]
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Why do FDs struggle with Finance Reporting Confidence?
Have you ever felt that split second of doubt in a boardroom meeting before answering a question about a number on the screen? The pause where you’re asking yourself: “Can I fully trust these numbers?” But why does this hesitation show up? That question sits at the heart of finance reporting confidence and for many manufacturing finance teams, it’s still unresolved. What Is Finance […]
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