Improve business insight with multi-dimensional reporting

Need: A solution that will enable the move from a rigid reporting structure to a multi-dimensional alternative.

Description: A new CFO of a company has inherited a legacy Chart of Accounts from a previous CFO, however, they are rigid and allow no room for growth. The new CFO is wanting to move to a new, multi-dimensional reporting structure to allow for more efficient and effective reporting.

Strategy: Cloud Accounting

Solution: Cloud Accounting allows for a more fluid and flexible Chart of Accounts, with the ability to use multiple dimensions, to increase the granularity of the reporting solution. The Chart of Accounts can be easily added to which allows the organisation to become more flexible and grow efficiently.

Benefits:

• Automation of transactions
• Report/analytic automation
• Reduction in time waiting for reports
• Reduction in time waiting for users to enter information to run reports
• Flexible Chart of Accounts with room for growth
• Powerful dimensional reporting