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insightsoftware Ranks in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions

Jet Global

To be considered, product capabilities must include close management, financial consolidation, financial statement reconciliation and journal entry processing. Optional capabilities include financial reporting risk management and disclosure management.

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Board Report Best Practices

Jet Global

management satisfaction. Reflection on how these KPIs can be improved or sustained going forward can also be an element to include in the report. Compliance Risk Management. A board report may contain information related to this and detail how the company is dealing with any existing exposure to legal penalties.

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What is Account Reconciliation?

Jet Global

Risk management – Regular reconciliations provide visibility into financial transactions and activities, enabling businesses to monitor for potential risks, such as errors in recording, unauthorized transactions, or inadequate segregation of duties, and implement corrective measures to mitigate these risks.

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What is a Data Pipeline?

Jet Global

Finance organizations can then leverage advanced analytics and machine learning applications to gain valuable insights for strategic planning and risk management. This data is transformed, cleansed, and loaded into a data lake or warehouse for analysis.