manage a simplified
TRANSCRIPT
Manage a Simplified Chart of Accounts for the Enterprise
Technology should make it easier to report, plan, and forecast, and enable finance users to stop their reliance on emails, phone calls, and spreadsheets.
For many organizations, the chart of accounts offers a lot of room for improvement. By automating the management of your
chart of accounts, you can drive better results.
Unleash the power of your financial data
1 https://www.pwc.com/us/en/library/covid-19/pwc-covid-19-cfo-pulse-survey.html2 https://www.accenture.com/_acnmedia/PDF-85/Accenture-CFO-Research-Global.pdf
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71% of CFOs1
Are concerned about liquidity and cash management.
76% of CFOs2
Agree without one version of the truth they will struggle.
Finance 360 solution from Informatica offers:
Rich business-user-driven interface for self-service
management of CoA, hierarchies, and crosswalks.
Workflow-based approval process for creation and
modification of CoA.
Full audit, history, and side-by-side comparison
of finance hierarchies and alternate business
perspectives.
All-in-one SaaS solution designed to integrate, govern, and centrally manage finance data.
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How technology helps simplify CoABy adopting a centralized approach, organizations can:
Enforce governance and change management during onboarding
of finance data including hierarchies and crosswalks.
Streamline CoA segment changes with workflow-based approval process, and capture
audit and revision history.
Ensure consistent and standard representation across
the enterprise.
Accuracy of internal and external reporting
Successful execution of business transformation
initiatives
Better visibility into trusted data for planning, analysis,
and forecasting
Timely assessments of business performance
and decisions