(MENAFN– PR Newswire)
NASHUA, N.H., Oct. 17, 2024 /PRNewswire/ — Dresner Advisory Services has released the 2024 financial Consolidation, Close Management, and Financial Reporting market study. This research is part of their Wisdom of Crowds® series and looks at how financial consolidation systems help combine data from different entities to create a comprehensive view of operations.
The study analyzes current usage and priorities for Financial Consolidation, Close Management, and Reporting (FCCR) software, helping organizations understand its importance in business intelligence strategies. It notes an increase in adoption among younger companies, who are prioritizing FCCR for growth management.
The main goal for using FCCR software is to establish a single accurate source of financial data, which is crucial for companies of all sizes and industries.
“Our fourth annual FCCR study highlights performance management capabilities for finance functions,” said Howard Dresner, founder of Dresner Advisory Services. “Understanding user needs and goals is essential for effective enterprise performance management strategies.”
Two companion reports cover Financial Reporting and Financial Close Management. Financial Reporting solutions help users assess actual and budget data, while Close Management systems streamline period-end closing processes and automate financial disclosures for regulatory agencies.
Wisdom of Crowds® research gathers data from various users to provide insights into market trends and perceptions. For more information, visit [website link].
About Dresner Advisory Services
Dresner Advisory Services, founded by Howard Dresner, focuses on business intelligence and performance management thought leadership.
Press contact
Danielle Guinebertiere
Dresner Advisory Services
[email protected]
978-254-5587
SOURCE Dresner Advisory Services
