Your business needs actionable insights from your Oracle ERP data to respond to volatile market conditions and outpace your competition. But generating custom reports requires deep technical knowledge and the process is often managed by IT. The process can often take weeks, if not months, and, in many cases, the report or dashboard is limited to a single use case and applicable only to a single business unit or user – often only the requester.

We asked 34 businesses to shed some light on the best financial reporting practices. Here’s what they said.

Finance teams are taking on new challenges and responsibilities in light of the uncertain economic climate that surfaced in the wake of the global pandemic, supply chain disruptions, price inflation, and the wholesale workforce exodus known as the “Great Resignation.” Now more than ever, organizational leadership is looking to the Office of the CFO to be a strategic partner in building an overall business strategy.

Whether you’re creating reports for your clients or simply looking to improve your internal reporting process, manual reporting can be complicated and time-consuming. Copy and pasting the data you need from different tools into your own presentation takes time and leaves room for errors. Automating this process will not only save hours of work, it can improve the quality and cadence of your reports.

Say goodbye to generating reports via spreadsheets: 30+ experts spill their best-kept secrets on creating an effective reporting process.

ESG reporting is rapidly becoming a key focus area for finance teams around the world. ESG stands for “environmental, social, and governance.” It’s a set of standards through which companies can report metrics that indicate how well their activities align with issues of environmental stewardship and social issues. In late 2021, the International Accounting Standards Board (IASB) announced the creation of a new ESG reporting standard.

By establishing a repeatable reporting process businesses are able to make more data-driven decisions. Learn how to use Databox to automate your business analytics and reporting.