Corporate Banking, Regulatory Reporting

Gain Business-Critical Insights with an Automated Financial Close

In Partnership with

ORACLE FINANCIAL SERVICES

Published

APRIL 2022

About the Whitepaper

The financial close and reporting processes are essential in the accounting cycle since it ensures that organizations maintain accurate and updated financial records. However, they are undoubtedly tedious and time-consuming, given that you have to source data, manage multiple ledgers, and navigate different source systems.

On top of that, financial institutions face added pressure from rapid changes in the market, regulations, and customer needs. With changes happening more quickly and frequently now, organizations have to step up by streamlining processes to maximize efficiency and gain valuable insights.

To achieve this, finance modernization will be integral to speed up the close process. No matter if you are new to this concept or already transforming your organization, we have brought together an expert panel to lend insights on this topic. Key discussion points include the following:

Challenges of Finance Modernization
Opportunities to Modernize Manual Processes
Utilizing Analytics for a 360-Degree View of Finance
Role of Technology in Maximizing Efficiencies
Recommendations for Finance Transformation

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About our Partner

Oracle's Finance Modernization for Banking solution empowers the Office of the CFO with a modern, unified solution for accounting, performance, risk, and compliance. Kick-start your finance transformation with Oracle.