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BizReport : White Papers : Finance

Global Bank Achieves Huge Reduction in Financial Statement Close Time

Unsurprisingly, the increased pressure on finance professionals continues to grow both in volume and quality, all while ensuring the accuracy and integrity of their work. A recent survey found that firms continue to spend more than 50 percent of their time preparing reports versus performing analysis and review. This situation is crying out for action to be taken—but what can one individual do to combat this enormous problem?

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