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Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
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Enhanced Compliance : Facilitates adherence to accountingstandards and regulations, reducing the risk of non-compliance and associated penalties. Event-based revenue recognition is fully integrated with the GeneralLedger and the recognition data is stored in the same location as cost and revenue data.
When you begin the process of closing, you start by exporting trial balance data out of the generalledgers or ERP software and collect the data into spreadsheets that have to be reviewed and processed manually. EPM can even handle things like multiple currencies, partial entity ownership, and chart of accounts translations.
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