The CFO today has to not only manage the cash, allocate it for best ROI and reduce risk but also be a strategic partner to the business and enable them to grow and succeed fast. 

In this era of humongous data, understanding data and performing the financial tasks of managing cash and reducing risk itself is a huge issue leading to low confidence on the financial performance reports released. 

This is as a result of, one, data across siloed systems and the inability of the teams to connect the data and make sense of it in as quick time as possible. Two, there exists gaps in processes where the data is pulled out of systems into excel ans spreadsheets and then worked on, resulting in lower accuracy. The erstwhile ERP’s are not equipped to handle both the above challenges. 

DataTwin is a robust modern finance platform equipped with strong data management capabilities to tackle the challenges of today. It helps finance teams manage the business transactions data, automate reconciliations across revenue, receivable, taxation, Fixed Assets, Leases etc. and accelerate finance processes for them. Also DataTwin increases productivity with automation of gaps existing in systems and improves efficiency across processes. This enables teams across the enterprise to manage data better, identify risk faster and mitigate it effectively. 

Ultimately it enables CFOs’ and Finance teams’ link the unlimited aspirations of their companies with their finite resources. It helps them prioritise and invest right so that the company can grow fast and succeed. 

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