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Guide to Avoiding a Year-End Financial Close Meltdown

Planful

They described the following as some of the biggest challenges corporations have to face when approaching year-end close : Managing increasing volumes and complexity of data. Accomodating shifts in business strategy – e.g., M&As or leadership changes that impact data models and KPIs. Responding to regulatory changes.

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Futureproofing treasury and payments through digitisation

Future CFO

When Kyriba’s Kim queried, what was preventing real-time data analysis, the participant’s overwhelming answer was using Excel spreadsheets. Another reason for the inability to access real-time information is the use of financial systems that were not designed for ingesting real-time data.

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Transcript: Rick Rieder

Barry Ritholtz

You know, started with Bear Stearns, and then all of a sudden, financial institutions are levered entities. And you know, you have whether it’s derivatives, the intertwined financial system. You serve as the National Leadership Council of Communities in Schools, and the Educational Foundation in New York.