No Source of Truth
You are inundated with systems. Financial data are siloed and reside in PSPs, billing system, data warehouse, CRM, and ERP. It’s annoying you have so many systems but yet every system is important. What’s worse is that none of the systems talk to each other but you need all the data to do your work.
Unscalable and Manual Processes
Business is not scalable when your entire financial reporting relies on exporting CSV reports, consolidating them in a spreadsheet, and then running PivotTables. Your master Excel workbook already takes way too long to load... now imagine if your transaction volume grows 10x.
Lack of Visibility
Immature finance processes introduce significant risks to the business. No transparency into financial performance can increase the risk of misstatement and missed business opportunities. Don’t wait until the end of the month to see your revenue.