White Paper

Business Intelligence In The Modern Finance Department

Business Intelligence In The Modern Finance Department

Pages 11 Pages

This white paper analyzes the gap between data generation and analytics in modern enterprises, highlighting why traditional BI often fails to meet finance’s unique needs. Unlike operational reports, financial reporting demands complex treatments such as budget vs. actual comparisons, variances, reconciliations, and strict accuracy. Standard BI platforms struggle with these requirements, leading finance teams back to spreadsheets. The paper presents ORYX, a finance automation platform built to handle complex financial data, workflows, and compliance with features like rule-based calculations, scenario planning, and late adjustments. ORYX streamlines reporting, boosts accuracy, and enables agile planning.

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