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ABSTRACT:

Accurate and efficient financial reporting is critical to most businesses. Business executives rely on the insight generated from financial reports to allocate budget dollars and ensure money is being properly utilized.

For many data analysts, however, conventional strategies for creating financial reports are too time-consuming and error-prone. This exclusive paper outlines how IBM’s Treasury Department alleviated the inefficiencies of their manual, complex reporting processes by implementing a centralized and automated analytics platform.

By leveraging this next-generation system, the Treasury Department was able to gain real-time insight to optimize cash reporting and forecasting, ensure regulatory compliance is met, and more.

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