RevenueRecognition.com and IDC White Paper - Enterprise Systems and Revenue Recognition: The Missing Link
RevenueRecognition.com in association with IDC, present the findings from a survey of 685 business leaders about the need for improvements in their finance processes. The results revealed that 92% of companies are using spreadsheets for key revenue accounting and reporting activities. This is due to a lack of functionality in existing enterprise Financials/ERP infrastructures and results in an increased chance of control weaknesses and accounting errors.
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