Financial Reporting, Planning, and Budgeting As Necessary Pieces of EPM Part One: Executive Summary


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Financial Reporting, Planning, and Budgeting As Necessary Pieces of EPM
Part One: Executive Summary
P.J. Jakovljevic - November 21, 2003

Executive Summary

While ERP/accounting back-office systems and analytics have been inseparable ever since the idea of business automation via IT formed way back in the 1960s, they have nonetheless had different user experiences, evolutionary paths, and so on. Namely, although ERP systems have positively transformed many enterprises' business processes, many users have still been left feeling they were oversold due to the overwhelming notion that these systems inhibit access to the vital information "jailed" in the system. Many have inevitably felt that mixing real time back-office transactions with astute reporting is like mixing oil and water...

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