NASHUA, N.H., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Dresner Advisory Services today published the 2022 Financial Consolidation, Close Management, and Financial Reporting Market Study, part of its Wisdom of Crowds® series of research. Financial consolidation, close management, and financial reporting solutions are closely related to enterprise performance management (EPM).
Financial consolidation systems combine and aggregate financial data from multiple operating entities to produce an overall consolidated financial view of the group’s operations. Close management systems allow the finance function to control and manage the process of closing the books on a monthly, quarterly, semi-annual, and annual basis. Financial reporting solutions are analytics and reporting tools targeted at finance users. The Financial Consolidation, Close Management, and Financial Reporting (FCCR) Market Study examines current usage and planned deployment of these systems and solutions.
“Our coverage of FCCR expands our ongoing research targeting the office of finance,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “While FCCR should serve as a key part of an organization’s performance management strategy, often the associated needs and requirements of users are not well understood. Our research aims to address that gap.”
Wisdom of Crowds® research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and throughout all industries contributed to provide a complete view of realities, plans, and perceptions of the market. For more information visit www.dresneradvisory.com.
About Dresner Advisory Services
Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser. Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for Business Intelligence (BI), Performance Management, and related areas.
Press contact:
Danielle Guinebertiere
Dresner Advisory Services
Danielle@dresneradvisory.com
978 254 5587