Financial Data Reconciliation Process
Producing forecasts for decision-making and then developing indirect rate reports and time-consuming contract/project waterfall reports are all powerful views of your financial plan.
This information, individually and combined, is important for decision-making. Many companies forecast and develop supporting reports and do not realize whether or not their data is complete. Follow these three reconciliation steps monthly or quarterly to ensure your data stays in sync.
Download this tool to see the steps for the financial data reconciliation process.