Banking Industry Reporting Tool
Turn Your Banking Software Reporting into a High Valued Asset
Challenges in financial reporting in the banking industry continue to grow. Lack of transparency in the reporting process, rising costs, decreased productivity, diminished effectiveness and inconsistent accuracy. Sound familiar? But it is not for lack of trying. A 2012 study by Oracle and Accenture reported that 82% of surveyed companies, including banks have made substantial changes in the last three years to the close, reporting, and ﬁling processes, however their solutions have not measured up.