Discover 3 Reasons CFOs should consider automating their manual contract review process.
There’s a lot riding on the need for accurate revenue accounting of sales contracts. Unfortunately, gaps and inaccuracies in the data companies house in Salesforce and other customer relationship management solutions are common. When inaccuracies pass from system to system, they can materially impact a companies’ financial reporting, triggering problems with the SEC.
Companies can avoid this by automating the manual contract review process to ensure accuracy in their underlying financial reporting. Some of the ways this helps include:
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