Combine data from different systems.

Real time connections, no need for ad-hoc data dumps from source systems into Excel.

Integration of the key operational and financial systems.

Standardise the reporting process; reduce subjectivity.

Reports and models developed in modern BI tools such as the Microsoft Stack.

Expose key data to be used in the wider business.

Increase reporting efficiency and time overheads for time-consuming routine monthly reconciliations and reporting.

Reduce the data silos between different departments that contribute to the end of month process.

Increase transparency of finance numbers. E.g. ensure everyone is forecasting and targeting the correct budget numbers.

Standardisation of processes and systems with less room for human error.

Finance staff have more time to actually analyse the data, rather than just prepare it.