How to utilize Record to Report process
Defining Record-to-Report (R2R) process:
Record-to-Report is a finance and accounting management process that entails the gathering, processing, and presentation of correct financial data of a business. For the executives and other stakeholders, Record-to-Report delivers strategic, financial, and operational feedback on the organization's performance.
Key steps in Record-to-Report process:
The stakeholders of Record-to-Report:
The procedures involved in creating and reporting the overall accounts, which are normally recorded in a general or nominal ledger and handled by a Comptroller, are also covered by the Record-to-Report process:
Record to Report Process in Zoho Books:
Not only Zoho Books, a business can use Zoho Finance Plus to establish Record-to-Report process, these are all parts of Zoho apps. From a single platform, Zoho Finance Plus provides a full range of web tools, including:
Zoho Finance Plus has all the tools that customers and vendors need to streamline all of the back office operations whether it may be focusing on Taxes, Order & warehouses, Invoicing, Subscription management, Financial reports, Expense reporting, Payment, Sales order and Quote.
Benefits of the Integrated Finance Suite for Businesses:
How we help?
Sliver Business Services helps startups and scaleups in developing business systems. We typically serve small and medium-sized businesses, groups, and non-profit organizations implement a comprehensive, integrated business suite in alignment with their long-term IT Strategy and enable processes that execute with minimum friction.
At Sliver, we use Zoho applications to achieve the fastest implementation time for a Record-to-Report system, which is 50% faster than the industry average. Our full-service consulting and professional services help map out a company's particular implementation requirements, whether it's a small business, an enterprise, or something in between. We integrate sales, marketing, and product and service departments on one platform improving drastically the customer experience.
For more information visit us at https://www.sliverusa.com/systems-for-startups. You can also email us at info@sliverusa.com or call us at +1 331.888.2627.