Everything you need to know about the biggest challenges finance departments are facing when it comes to group accounting and consolidation.
“BARC surveys give me a practical overview of what’s out there in the market and what you don’t normally hear about data, BI and analytics in your day-to-day life”.
Pietro Grammatico, Director Service Management BI, Vorwerk
The need for software support in the ‘Office of the CFO’ is growing. Companies with group structures are expanding existing solutions for consolidation to include additional areas such as ESG (Environmental, Social and Governance), account reconciliation and others. At the same time, the focus will remain on classic topics such as planning and management reporting.
Given this background, the aim of the study is to describe the transition from consolidation solutions to group accounting suites – including the current level of progress along this road, as well as the priorities and demands of real-world users.
The study is based on a worldwide online survey of 235 companies, conducted from March to April 2022.
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