Business Challenge story
ENOC was losing days each month manually inputting and checking financial data from 31 subsidiaries. How could the company accelerate processes without compromising accuracy?
Working with IBM, ENOC replaced its spreadsheet-based processes with an integrated financial consolidation solution and transformed its month-end and external reporting processes.
Automated data collection, elimination, translation and consolidation processes increase insight into group financial performance, reduce the risk of human error, and save hours of manual work; enabling staff to focus on more value-added tasks.
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