Financial, Accounting & Reporting Systems (Conspectus April 2003) Summary
There has been a notable shift in priorities among financial and accounting professionals recently, possibly prompted by the Enron scandal.
A new drive to make accounts data more accessible to non-finance managers within the organisation, and external partners and regulators, has meant companies are adding reporting and business intelligence capabilities to their financial software. Gartner’s Lee Geishecker sums it up as a move to ‘corporate performance management’.
Our research among UK financial systems users confirms that ‘improved management information systems’ is their number one driver, with an even bigger focus on this over the next two years. Parson Consulting’s David Doyle and Jeannine Beane examine this move to add BI functionality.
Financial, Accounting & Reporting Systems (Conspectus April 2003) Summary