Financial reporting

Financial reporting in companies is used for

  • performance monitoring
  • sales forecasting
  • customer relationship management
  • project management
  • enterprise resource planning
  • procurement, inventories and logistics
  • contract and supplier management
  • official reporting.

All these functions are based on the same data, the processing of which often requires in-house or outsourced manual work. When information is retrieved and collected from a variety of different sources, the likelihood of human error is multiplied.

The aim is the reduce routine manual work.

The aim of the Real-Time Economy project is to harmonise the data models used as a basis for data processing. Using harmonised data models as a basis, systems and services can communicate with each other across interfaces without manual data transfer.

, Updated 11.3.2022 at 12:04