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Enhanced Finance Controls and Automation
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Gartner’s recent IT Market Clock report, a framework that supports strategic IT investment and divestment decisions, lists Enhanced Finance Controls and Automation as a new asset class that “reduces the time and resources required to execute the month-end closing and other finance processes.”
When it comes to evaluating Enhanced Finance Controls and Automation, they give the following recommendation: "If your current close and other financial processes are manual and rely on spreadsheets, evaluate within the next 12 months." They go on to say that you should, “Look for solutions that will enable finance to improve both controls and process effectiveness.”
We have included a complimentary copy of Gartner’s latest IT Market Clock report for in-depth analysis of where your organization should prioritize their investments in financial management applications to remain competitive in an agile and complex business environment. Please take a moment to fill out the form on the right to receive your copy now.
In this research report you will learn:
- Actionable insight for prioritizing IT investments in financial applications
- How to categorize your financial management applications and define your investment strategy
- Market maturity and commoditization levels for the major financial management technologies
*Gartner “IT Market Clock for Financial Management Applications” by Gartner, 2014. The Gartner document is available upon request from BlackLine Systems. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. **Gartner IT Market Clock for Financial Management Applications” by Nigel Rayner, August 2014.
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"The close/reconciliation management asset class has expanded over the last year
to include a wider range of functionality that extends beyond the month-end close into a broader solution that can enhance the management and control of any finance process throughout the accounting cycle."
Nigel Rayner, Gartner Analyst
