ANALYST report

Rethink the case for modern consolidation software

There’s a lot to consider before you invest in a new financial consolidation and close (FCC) solution.

The pains you'll solve. The hard costs you'll save. And the benefits you'll see firsthand.

The experts at Nucleus Research have summed up all you need to justify investing in a modern FCC solution - and why to do it today.

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Midsized companies contend with the same accounting complexities of large enterprises with multiple business units spread across various geographies and industries, but often lack the budget and bandwidth for a drawn-out implementation.

Craig Schiff
Isaac Gould
Nucleus Research
The Challenge

Enterprise needs with midmarket realities

If you're a finance leader at a growing, midmarket company, odds are you've faced a gap when it comes to automating your consolidation and close process.

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    You're managing multiple subsidiaries, ERPs, currencies and reporting requirements. 
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    You’ve outgrown Excel and ERP modules only address some of your needs.
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    You don't have the finance or IT staff  to Implement and maintain traditional enterprise software.

Fortunately, there's a new generation of modern, SaaS solutions designed for your needs - and resources.

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THE BUSINESS CASE

Benchmark your needs against today's solutions

With a new generation of solutions on the market, there's never been a better time to modernize your close. Nucleus breaks down the hard numbers on the hard and soft benefits you'll realize, including:

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    Faster close and reporting times
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    Ability to run a trial balance
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    Access to real-time data
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    Better company-wide decision making
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    Improved employee morale, retention and attraction
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ROI & TCO

Insist on a modern, midmarket solution

The case for automating your close process is clear, but there's a stark difference in costs of modern, SaaS solutions and traditional enterprise software, including:

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    Software costs: subscriptions, upgrades, additional seats, data and usage
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    Consulting costs: implementation, support and maintenance from vendors or 3rd parties
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    Personnel costs: training and administration time for your finance and IT teams

Opt for modern solution for the enterprise functionality you need, without straining the resources you have.

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Quote

SaaS FCC deployments have a quick time to value, where businesses accelerate the next close period as soon as the solution is deployed.

Craig Schiff
Isaac Gould
Nucleus Research
The Challenge

Learn how to adopt the Nucleus ROI framework to find the perfect solution for you:

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    A true SaaS solution
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    Quick to deploy and deliver value
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    Integrated with all your financial data
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    Affordable and finance owned 
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    Automated, controlled and transparent

Choose your next financial consolidation and close solution with confidence.