By Keiter CPAs
Challenge and Opportunity
A leading technology company with clients across the world wanted to implement a new financial management system that could analyze and predict anomalies in its general ledger.
- The technology company wanted to better predict its internal income/expense processes to predict financial performance.
- Using Microsoft Power BI and other tools, our team integrated the company’s internal general ledger into a new system which could analyze and predict anomalies.
- The system identified numerous anomalies related to vendor payments which were misclassified or inaccurate. This resulted in the company implementing new controls for the accounting team to use moving forward.
The implementation of the new system correctly predicted many general ledger anomalies and after the implementation of new controls, the company is now able to manage its cash flow in a more effective way and began looking into more analytical wins.
About the Author
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