As a proportion of revenue, do you think your organization spends too much on financial reporting? How do you lower these costs while still being accurate and providing value to the right stakeholders?

We have a low operating cost for finance as a % of revenue overall to begin with and our FR is staffed appropriately, not bloated. We use Workiva for external reporting and implemented Workday recently for ERP and are achieving additional efficiencies.

We have right mix of finance professional and tools in proportion of revenue and we don't overstaff. We also have third party contractors to do non key tasks and save costs. Making more use of tools and technology costs can be lowered.

We have a good framework of financial reporting, and it is not very costly. We have Hyperion Finance Managment tool Essbase that interfaces with our ERP Application. The actual data gets integrated with Essbase from which we generate financial reports. We also have the flexibility to define the reporting formats to suit our business requirements.