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A centralised data source for all processes establishes a single source of truth, preventing data duplication and steps across processes. Reduced cycle times: As the phrase states, this refers to the decrease in the time it takes to complete the planning and consolidation cycles. This can be achieved through automation and AI.
The whole idea of this stage is to provide a leadership team and management with insights into key metrics that can impact the organizations performance. JustPerform provides reliable insights on the key metrics, based on the business reference models built on industry best practices.
ETL is a specific type of data pipeline that focuses on the process of extracting data from sources, transforming it, and loading it into a destination, such as a data warehouse or data lake. ETL is primarily used for data warehousing and business intelligence applications.
Cash refers to the physical currency and coins a company holds, as well as funds in bank accounts that are readily available for use. Cash flow, on the other hand, refers to the movement of cash in and out of a company over a specific period of time. What is the difference between cash and cash flow?
Refer to the implementation guides: Utilize the GASB 87 and GASB 96 implementation guides for detailed guidance. Get a Demo See how companies are getting live data from their ERP into Excel, and closing their books 4 days faster every month. Train staff: Educate your financial team on the nuances of both standards.
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