Accounting departments provide a highly critical role in keeping businesses running. Accounting staff typically use enterprise financial systems for back-office functions such as payroll, cash management, procurement, inventory, and property management. These tools provide a secure, trusted repository for storing financial data, as well as an effective means for viewing and reporting on the financial condition of the company.
Unfortunately, neither enterprise financial systems or business intelligence applications provide the agility and accessibility that spreadsheets offer. As a consequence, all accounting departments use spreadsheets for their monthly and quarterly reporting cycles, each cycle being subject to many manual review and approval procedures. It’s easy to see why many companies view these enterprise systems as a potential source of risk and inefficiency.
Apparity360 solves these pain points by providing staff with access to a simple, intuitive workflow solution within the spreadsheet itself. The workflow reflects typical review and approval processes, ensuring that staff will easily adopt them.
Apparity360 also eliminates email distribution, provides role-based access to key documents, and analyzes every change made to each spreadsheet. Managers receive real-time alerts when unauthorized edits are made, reducing the cost and legal liability of insider fraud.
Want to learn more? Contact a solution advisor to learn how Apparity360 can help you win the spreadsheet race.Contact a Solution Advisor
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