Whether they own multiple franchises, family offices, healthcare clinics or other entities, business owners and accounting executives need to see a high-level overview of the entire company’s financial performance at a glance. They also need to be able to drill down to see each individual entity’s performance, forecast sales and revenue trends, and identify opportunities for improvement in real-time.
Relying on spreadsheets and entry-level business accounting solutions is like trying to analyze the health of a vast forest while standing at the bottom of a single tree.
In the aftermath of the pandemic, research by Deloitte shows accounting leaders face several significant challenges, including:
