Shorten the Financial Close Cycle with SingleStore

Solution Brief

Elongated financial close cycles limit the ability to adjust quickly to unforeseen economic shifts causing a large threat to organizations. Focus on predictable, timely and quick close cycles are important, particularly in the midst of the COVID-19 pandemic, as they impact downstream processes such as scenario planning in the Enterprise Performance Management (EPM) system.

This solution brief will cover:

  • The challenges facing financial executives such as: constraints in combining multiple Enterprise Resource Planning (ERP) databases into a single source for reporting, understanding cash flow, running analytics on near real-time data from multiple data sources in parallel, and more...
  • How a distributed, relational, SQL database management system, such as SingleStore can solve such problems
  • Proven success stories from SingleStore customers

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