Analyst report: BARC

BARC - New Value for the CFO Study

The evolution from consolidation to group accounting

Expectations of the modern CFO and their key responsibilities continue to develop in today's market. Group accounting and financial consolidation activities need to be efficient and drive powerful insight for the enterprise, performed quickly and going beyond the limits of traditional forecasting processes. To do this with accuracy, the Office of Finance must evolve from conventional forecasting solutions to robust and integrated group accounting suites.

BARC's recent study explores this topic, focussing on business-wide demand for efficiency, speed, and automation in financial consolidation. Download the management summary of this BARC study to learn:

  • why more and more companies are having to enhance their financial consolidation activities
  • the key results from BARC's group accounting survey
  • why BARC recommends integrated or unified solutions to lead this evolution