Enterprises thrive on specialized systems designed for individual functions—ERPs for operations, accounting systems for finance, trade capture systems for transactions, and more. These tools are indispensable for their specific functions, but when it comes to reporting across multiple systems, the challenges can be overwhelming: ?? The Challenges: >> Data Overload: Pulling data from disparate systems requires time and effort. >> Inconsistencies: Validation, completeness checks, and standardization often involve manual intervention, increasing the chance of errors. >> Multiple Formats: Consolidating different data types into a meaningful dataset is a major hurdle. >> Uncertainty in Reporting: Lengthy reporting cycles and uncertainty in output undermine confidence. >> Inquiry Roadblocks: Drilling into details or tracing back to source systems becomes a juggling act. ?? The Solution: EPIC EPIC (Enterprise Platform for Integrated Compliance) changes the game. It acts as a centralized data hub, seamlessly connecting to all your enterprise systems to create a single, reliable source of truth. Here’s what EPIC offers: ?? Automated Integration: Effortlessly pulls and consolidates data from all systems. ?? Data Standardization: Converts scattered information into a consistent, accurate format. ?? Faster Reporting: Eliminates delays, delivering reports on time and with confidence. ?? Granular Visibility: Enables easy drill-downs and traceability for inquiries. ?? Audit-Friendly: Ensures auditors can rely on one consolidated system for all their needs. With EPIC, reporting is no longer a bottleneck—it’s a streamlined, efficient process that empowers teams to focus on insights, not errors. Discover how EPIC can turn data chaos into clarity! Connect with us to see how we empower teams to work smarter, streamline processes, and achieve peace of mind with confidence in their data. #dataintegration #financialreporting #EPICPlatform #automation #datahub #yearendreporting #HOC #HOCInc #processautomation #houseofcode
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Struggling with manual calculations and error-prone reports? Our client, a leading financial institution, faced similar challenges. Daily fluctuations in balances threatened regulatory compliance and wasted valuable time. The Solution? Our EPIC platform! ? Reduced Report Turnaround by 80% Say goodbye to the manual grind. Review reports in 5 minutes, eliminating the need for a 45-minute prep slog.? ? Eliminated Email Headaches Automated reports & integrated workflows streamline approvals. ? Effortless Data Retrieval EPIC fetches data from banks, accounting systems, and more. ? Seamless Data Integration Merge data from various sources for comprehensive reporting. ? Automated Data Reconciliation & Accuracy ? Identify and fix data discrepancies with ease. ? Task Management Integration Assign and track report reviews for improved collaboration. ? Centralized Rule Management ? Maintain compliance rules for all regions in one place. ? Enhanced Reports & Decision-Making Generate clear and insightful reports for informed decisions. ? Time & Cost Savings Automate tasks and free up resources for strategic work. ? Scalability & Adaptability EPIC adapts to changing regulations and business needs. Ready to automate your regulatory reporting and achieve peace of mind? Contact us today to learn more about EPIC! P.S. Check out our full case study on our website for a deeper dive!?https://shorturl.at/jHmvS
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Year-end reporting is often synonymous with stress - late nights, countless spreadsheets, and shifting focus away from strategic growth initiatives. But it doesn’t have to be this way. At HOC, we’ve worked with the office of the CFOs for over two decades, understanding the pain points of financial audits and reporting. Recognizing the pain points of traditional financial reporting, we engineered EPIC (Enterprise Platform for Integrated Compliance) to revolutionize the process. Here’s how EPIC can transform your reporting and audit process: ? Increased Efficiency: No more late nights wrestling with spreadsheets. EPIC automates data transformation, report preparation, making it quick and error-free. Reduces stress on your team while increasing efficiency and timely reporting. ? Integration: Easy integration with ERP’s, BI Tools, databases, API integrations, workflow management systems, etc. This helps EPIC become a centralized hub for data source from enterprise-wide specialized systems. ? Drill Down to Details: Every number is traceable, providing full context without juggling multiple platforms. ? Data Integrity: Built-in checks ensure thorough, accurate, and fully compliant reporting—no loopholes. ? Analytics: Leverage EPIC's analytics to identify bottlenecks and streamline processes with data-driven decisions. EPIC accelerates the preparation of Financial Statements (BS, P&L, Cashflows), Trial Balances, and General Ledger, while providing seamless collaboration between auditors and stakeholders. Whether deployed on-premises or in the cloud, EPIC integrates with ERP systems and workflow tools to deliver a unified solution. Let EPIC handle the stress of reporting so your team can focus on growth initiatives. Ready to learn more? Let’s connect and explore how EPIC can simplify your processes! #EPICPlatform #YearEndReporting #Efficiency #Transparency #Compliance #DataAnalytics #AuditAnalytics #FinancialAudit #AuditExcellence #FinanceTransformation #DataDrivenAudit #AuditInnovation #FinanceAutomation #InternalAudit #AuditEfficiency #HOCInc
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Enterprises don't need a team of analysts for a content migration project. I see enterprises hire 12+ analysts to 'understand' their data before they migrate. This team drains the enterprise's budget. This team spends 6+ months analyzing data. This team ties the enterprise up with endless meetings. The worst part? The enterprise could have gotten the same insights through automation. Enterprises think they need a team of analysts because they have tons of unclassified content. Imagine having 1,000,000 documents unclassified in your legacy ECM system. It's a nightmare. For my clients, I prefer a cost-effective and pragmatic approach. We created the Xillio Classifier. It's one of our most prominent modules. The Xillio classifier allows you to: - Understand your data set - Enhance the metadata of your documents - Recognize document characteristics (e.g., topic, keywords, type) The best part? You can do this with 1-2 analysts – not 12. — Seeing is believing. If you'd like to see a micro demo on how it works, comment: Classifier. We'll DM you a short screen capture video.
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Part 5: Continued from Part 4 ? Improved Compliance and Security: Centralized data management enhances compliance with financial regulations and data privacy standards. It also improves security by minimizing the risk of data breaches through consistent access controls and monitoring across all components of the entire revenue lifecycle cycle. ? 100% Declarative Administration: Simplifying System Management Declarative administration means managing the entire revenue lifecycle system through configuration rather than coding, you are using interfaces with drag-and-drop tools, and internally making settings adjustments. This approach is crucial for several reasons. ? Ease of Use: Declarative tools make it easier for non-technical users, such as sales, finance, and operations teams, to manage and adjust the system without needing extensive IT support or complex programming skills. ? Faster Implementation and Updates: Changes to workflows, rules, and settings can be made quickly and efficiently, allowing the business to respond promptly to market changes or internal needs without lengthy development cycles. ? Lower Total Cost of Ownership (TCO): Declarative administration reduces reliance on expensive custom coding and IT resources, lowering the total cost of system ownership and simplifying ongoing maintenance. ? Rapid Innovation: With declarative tools, businesses can request enhancements, quickly request sandbox prototype and implement new processes into production, testing different configurations, and innovate faster, enhancing your competitive edge in your given market. ? Consistency and Control: Declarative management ensures that all configurations adhere to the established business rules, maintaining system integrity and reducing the risk of inconsistencies or errors from manual adjustments. This is why a pre-packaged Revenue Lifecycle Management solution suite is a critical revenue components into unifying system, delivering seamless workflows, consistent data, and advanced analytics. No-Code. No-Middleware. No-AI or AI Agent needed. Lets your Flawless Data accelerate your business growth. Remember by leveraging a single data model and 100% declarative administration, businesses can simplify the management of complex revenue processes, enhance operational efficiency, and make more informed strategic decisions. This is the comprehensive approach SAASTEPS provides our customer to empowers organizations to maximize their revenue potential, improve customer experiences, and drive sustainable business growth. ? To start learning from the beginning please check out Part 1: - https://lnkd.in/gn5Vstyc
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Looking for an FP&A tool to help meet your strategic goals? When it comes to FP&A software, there is no shortage of solutions on the market that promise out-of-the-box integration and a user-friendly interface. But which one is right for your organisation’s unique needs? Here's a short checklist of what to consider when selecting a new tool: ? Ease of use: How intuitive is it? Is it easy to understand at first glance? ? Analytics and reporting: How easy is it to pull reports? Are customizations possible for deeper insights? ? Integrations: Can it easily work with other tools in use at the moment? Can it work with multiple data streams? ? Security measures: How safe is it? What's the security protocol? Are access controls and permissions available? Learn more about the features of top FP&A software tools and how they can meet your strategic goals here: https://lnkd.in/gHN72U8Y #Automation #FinancialPlanning #TeamWDAY
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Looking for a solution to strengthen your FP&A processes? Here's a short checklist of what to consider when selecting a new tool: ? Ease of use: How intuitive is it? Is it easy to understand at first glance? ? Analytics and reporting: How easy is it to pull reports? Are customizations possible for deeper insights? ? Integrations: Can it easily work with other tools in use at the moment? Can it work with multiple data streams? ? Security measures: How safe is it? What's the security protocol? Are access controls and permissions available? These are just a few things we'd consider when hunting for a new tool - what else would you add to this list? There's definitely a few more things to consider and we've put together a neat guide here: https://lnkd.in/gaS78Qpi #Automation #FinancialPlanning #TeamWDAY
The 3 steps to selecting FP&A software tools | Workday Blog
blog.workday.com
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Looking for a solution to strengthen your FP&A processes? Here's a short checklist of what to consider when selecting a new tool: ? Ease of use: How intuitive is it? Is it easy to understand at first glance? ? Analytics and reporting: How easy is it to pull reports? Are customizations possible for deeper insights? ? Integrations: Can it easily work with other tools in use at the moment? Can it work with multiple data streams? ? Security measures: How safe is it? What's the security protocol? Are access controls and permissions available? These are just a few things we'd consider when hunting for a new tool - what else would you add to this list? There's definitely a few more things to consider and we've put together a neat guide here: https://lnkd.in/gaS78Qpi #Automation #FinancialPlanning #TeamWDAY
The 3 steps to selecting FP&A software tools | Workday Blog
blog.workday.com
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The recording of the great FastTrack TechTalk on the new Field Service to Finance and Operations integration has now been published online for those who missed or need a review: https://lnkd.in/eW-A9G63. Until this TechTalk there is very little information on the extensibility story for the integration, and Harsh Birla provided three common scenarios for data flowing from Field Service to Finance and Operations and also from Finance and Operations to Field Service. The code samples are live on Github and available here: https://lnkd.in/ecbWFdxW. In short, there is no need to worry, if you have custom fields you need to include in the integration in either direction, there is a solution for you.
Dynamics 365 Field Service integration with finance and operations applications | July 30th, 2024
community.dynamics.com
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Starting the morning with another customer success story! Loved this one! ?? - High growth Saas - An investment round just after we implemented The feedback from the investors was that they were impressed with the speed at which they adapted to the new reporting format! Whilst we can't take all the credit, these guys really embraced the reporting tools, it's a great feeling to be a part of their success! Check the link in the comments on the original post or visit our website for more info! #success #Sage #sageintacct
We're thrilled to share how beqom, a global SaaS leader, transformed their financial operations with the help of Sage Intacct and itas Solutions! ?? Facing challenges with their previous financial systems, beqom sought a solution to: ? Centralise financial data ? Automate reporting processes ? Enhance analysis capabilities for better decision-making ? With Sage Intacct, beqom achieved: ?? Real-time financial insights ? Streamlined processes that saved countless hours ?? Scalability to support their continued global growth See how they made it happen and the incredible results they’ve achieved! Link in the comments below ??
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ValueWorks.ai is helping Netsuite customers to get valuable insights out-of their data, receive recommendation for business improvements that can be directly implemented within the OKR module of ValueWorks. Therefore we are partnering with Alta Via Consulting GmbH. Many thanks for the fruitfull collaboration with Peter von Zimmermann, Georg Walther, Norbert Rotics, Monica Lupas. #ValueWorksAI #NetSuite, #DataInsights, #BusinessRecommendations, #OKRModule, #Partnership, #AltaViaConsulting, #DataDriven, #BusinessImprovement, #EnterpriseSoftware, #StrategicPlanning, #OperationalEfficiency, #BusinessAnalytics, #CollaborativeInnovation, #BusinessPerformance, #InsightfulAnalysis, #DataAnalysis, #TechPartnership, #BusinessGrowth, #EnterpriseSolutions
Together with ValueWorks.ai, we are here to streamline your reporting process! by using the great Valueworks analysis features! We offer you: Management reporting set up in just 3 hours, Investor reporting with the best ValueWorks Dashboards, cost savings and there's more: Read the details on our website: https://lnkd.in/dkNG5mHe Special Offer:?The first three applicants receive a free implementation! Feel free to contact us for your questions. #BusinessIntelligence #Reporting #ValueWorks #Efficiency #Management #netsuite #netsuiteusergroup #oracle
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