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Shorten the Financial Close Cycle with SingleStore

Solution Brief
Shorten the Financial Close Cycle with SingleStore

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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SingleStoreDB is The Real-Time Distributed SQL Database, designed for data-intensive applications.

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