Guest post by
Mili Bhaskar, Consultant, Infosys
Ever changing policies, regulations, controls and reporting requirements have forced organizations to design a complex accounting model with a lot of custom applications and manual interventions. Towards evolving into a better adaptive agile business function, finance operation faces a few challenges:
- Garnering adaptability towards ever changing controls and audit compliances
- Streamlining of multiple systems operating out of multiple geographies catering to different local and statutory requirements
- Inculcating snap-of-the-finger decision making capabilities through predictive analysis of real-time data