In order to cope with the ever-increasing volumes of data, financial reporting creates a link between where the data originates and where it is used.
It provides the various management levels with all the information they need to make decisions.
This requires a balanced system architecture that enables functions such as the following:
– Dashboards
– drill-down
– statistics
– graphics
– comparisons
– annual reports
– monitoring
– automated distribution of reports
– ad-hoc analyses
– periodic standard reporting
– business intelligence systems
– associative analysis
– performance-oriented in-memory reporting
– event-driven reporting
– intuitive reporting