Finance
Optimize your finance processes toward finance excellence
Top 5 finance pain points with data quality
Incorrect orders
and invoices
Incorrect orders, invoices or payments due to incorrect/inconsistent account, amount, payment terms, recipient, duplicates, …
Misreporting
and consolidation
Financial misreporting/consolidation issues e.g., in period closing, statutory reporting, post-merger integration, …
Inefficient operations
Inefficient day-to-day operations due to error-prone manual data verifications, reconciliations, corrections, data entries in journal entries or misclassification of transactions
Incorrect
decisions
Incorrect strategic decisions based on unreliable or incomplete forecasts/budgets, reports or ad-hoc analyses
Compliance
and tax issues
​Compliance and tax issues, e.g., due to inaccurate recordings or data submissions to regulatory authorities​
01
How the DQ Platform supports Finance teams
Identify data issues
Smart, automated Data Quality rules and no-code refinement to check for anomalies, such as outliers, duplicates/typos, missing values, consistencies, etc.
02
Ensure data consistency
Consistency checks across tables and/or systems independent from the source.
03
Ensure data quality
Issue prevention directly at the source, e.g., in the SAP or Oracle system (e.g., for orders, billing, booking).
Optimized finance processes with reliable data
+15-20% productivity increase by saving time via automation
Better decisions as business partner with reliable data