Private equity organizations have an ever-flowing list of companies for which they need accurate and timely reporting. These organizations often use different enterprise resource planning systems and charts of accounts. Moreover, many organizations use manual Excel models to load trial balances and create financial reports.
This can lead to reporting complexities; delays in month-end close; and technical challenges, including broken Excel links, increasingly large and slow reports, and difficulty modifying reports. Adding to those issues, many organizations also need to track pro forma and budget data and have different reporting formats for their diverse audiences. What’s an accountant to do?
Join us for this informative webinar as we share insights to help you overcome these challenges using the Solver reporting and planning solution.
Upon completion of this program, participants will be able to:
- Discuss the challenges of using an Excel-based reporting model
- Explain how a data warehouse-driven data model can enhance reporting
- Describe how companies can be added and removed for reporting