Solutions for Finance

Many finance departments struggle to effectively bring together information from disparate enterprise systems. This results in inefficient, manual planning, budgeting, and reporting tools, as well as lengthy and often error-prone financial consolidation. External stakeholders including investors, customers, and governments, have high expectations for financial disclosures, and noncompliance can result in severe penalties. In today's complex business environment, it is imperative that finance departments provide timely, accurate information to business leaders and partner with them to make strategic decisions. Successful organizations are transforming into Intelligent Enterprise, bringing efficiency and accuracy with data analytics and new technologies.

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Enterprise Analytics

Operation Management

Optimize finance operations and improve service quality to employees, customers, and suppliers.

Enterprise Analytics

Accounting and Financial Reporting

Help ensure the accuracy, compliance, and speed of accounting, financial close, and internal and external financial reporting processes.

Enterprise Analytics

Treasury Management

Streamline treasury processes and better manage cash flow, liquidity, investments, and risks.

Enterprise Analytics

Planning, Budgeting, and Forecasting

Leverage real-time insights to help improve financial performance, increase profitability, and capitalize on growth opportunities.

Enterprise Analytics

Compliance and Audit

Increase the effectiveness of compliance and audit teams by helping them understand activities and trends related to audit, regulatory, and disclosure issues.

Enterprise Analytics

Risk Management

Manage the requirements associated with internal, strategic, and external risk mitigation.

Enterprise Analytics

Executive Insights

Empower finance executive leadership to make data-driven decisions and help run a more profitable business.

Enterprise Identity

Employee Digital Badge

Provide employees with more secure access to offices, systems, and sensitive information by leveraging smartphone-based multi-factor authentication.

Enterprise Analytics Solution

Operation Management

The Challenge

Financial operations is a critical component of every finance department. In order for this team to function properly, it’s imperative they have timely access to the information they need to make informed decisions about purchases, expenses, customer billing disputes, and more. Yet, finance operations personnel are often forced to spend valuable time manually gathering this information— greatly reducing their overall efficiency.

The Solution

MicroStrategy can help accelerate finance operations reporting processes so organizations can better manage costs and improve the quality of service delivered to other departments, external customers, and suppliers. The MicroStrategy platform allows companies to efficiently produce analytical reporting across huge volumes of data, distributed across multiple enterprise systems and data sources. With self-service data discovery tools, finance operations personnel can easily explore data and make more informed decisions related to invoices, expenses, purchase orders, budgets, service level agreements, and more. Transactional functionality allows application users to directly input adjustments to vouchers, approve or cancel invoice records, and immediately update underlying databases. Finance professionals can add comments to expense requests, cost analysis reports, and accounts receivables discrepancies to further boost collaboration and communication with other departments. By mobilizing key applications, finance operations organizations can streamline processes and help reduce both response times and overall costs.

Operation Management
Enterprise Analytics Solution

Accounting and Financial Reporting

The Challenge

Accounting departments are tasked with a wide range of responsibilities including managing accounts receivable, accounts payable, payroll, and financial reporting. They must maintain financial controls to ensure compliance and avoid errors, fraud, and theft. It’s imperative that they make use of tools that enable them to effectively leverage data to achieve accurate, consistent, fast, and compliant processes and financial reporting.

The Solution

MicroStrategy can help accounting departments consolidate data from numerous sources and provide them with real-time insight that can help accelerate financial close and streamline reporting processes. By using MicroStrategy’s dashboards, reports, and data discovery capabilities, accounting departments can conduct in-depth analysis related to account reconciliations, outstanding financial close tasks, ledger information, and more. Our software can be used to better manage various regulatory requirements, streamline filings and disclosures, help ensure auditability, and help reduce compliance costs. With MicroStrategy, companies can make more confident, informed decisions.

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Enterprise Analytics Solution

Treasury Management

The Challenge

Many corporate treasury departments rely on multiple systems, data sources, and manually managed spreadsheets to address their company’s needs. This inadequate infrastructure often leads to operational difficulties and increased risk rather than providing solutions to address challenges and facilitate growth.

The Solution

MicroStrategy can provides corporate treasury departments with a unified view of critical systems and enterprise resources. Through sophisticated analytics and easyto-understand visualizations, MicroStrategy can delivers real-time insights related to foreign exchange rates, commodity prices, cash flow, liquidity, and more. Predictive analytics can help to facilitate improved forecasting of markets, cash flow, and other financial information. Powerful dashboards, reports, and self-service analytics can supply treasury teams with data-driven intelligence so they can help maximize the value of their investments, reduce risk, improve communications with banks and credit rating agencies, and closely monitor working capital levels.

Treasury Management
Enterprise Analytics Solution

Planning, Budgeting, and Forecasting

The Challenge

The financial analysis and planning team is one of the key departments in any company and plays a critical role in providing unbiased analysis for informed decision making. However, in today’s rapidly changing business environment, they are under intense pressure to quickly report financial analysis and insights. It is imperative that the FP&A team find ways to effectively leverage vast amounts of data from disparate systems and sources as well as collaborate with other departments as they collect data, analyze it and share results.

The Solution

MicroStrategy provides companies with an enterprise analytics solution that can enables FP&A teams to leverage real-time insights to improve financial performance, increase profitability, and capitalize on growth opportunities. Our software can enables FP&A teams to replace static reports and spreadsheetbased analysis with engaging applications that enable users to interact with data and drive transparency across the organization. These solutions allow users to view detailed data related to revenue, margins, EBITA, operations, incentives, and more. FP&A teams can have a unified view of performance data and can quickly gain an understanding of cost drivers and underperforming business segments. What-if analysis capabilities allow analysts to help assess projections based on potential market factors, uncover new opportunities, and improve forecasting accuracy. By leveraging our platform’s transactional functionality, FB&A teams, executives, and business stakeholders can input comments and provide feedback as financial and operational performance is monitored, predicted, and compared to target. Furthermore, MicroStrategy provides analysts with the tools they can use to more easily compare budget forecast amounts to actual results as they provide a secondary check during the accounting financial close process.

Planning, Budgeting, and Forecasting
Enterprise Analytics Solution

Compliance and Audit

The Challenge

The regulatory environment for organizations has become increasingly complex in recent years. The internal reporting structures of many companies have struggled to keep up with the growing demands of ensuring compliance with complex regulations.

The Solution

MicroStrategy provides companies with an enterprise analytics solution that can enables them to more effectively manage corporate governance, risk, regulatory compliance, and audit processes. Our solution can integrates data from various enterprise sources and provides real-time visibility into data that companies need to help ensure regulatory compliance. Organizations can build comprehensive compliance dashboards that immediately highlight areas of concern. Our data discovery tool can enables compliance and audit groups to quickly and easily analyze data on suspicious behavior, and threshold-based alerts can be incorporated into apps to immediately call attention to risky or noncompliant behavior. By leveraging our powerful mobile solutions, companies can accelerate the auditing process by giving auditors convenient, secure access to financials on their mobile devices. This information can serves as a common base of discussion and helps ensures users have the data that’s appropriate for the task at hand. With these tools, reviewers can collaborate, upload supporting materials, obtain sign-offs, and more. By providing a more holistic view of organizational risk, MicroStrategy can helps companies manage regulatory and disclosure requirements in a more consistent, streamlined manner.

Compliance and Audit
Enterprise Analytics Solution

Risk Management

The Challenge

Today, companies are tasked with managing a large variety of risks related to finances, fraud, operations, regulations, and more. Further complicating matters, they must find ways to effectively leverage surging structured and unstructured data to better quantify risk and make more informed decisions.

The Solution

MicroStrategy can delivers the scale, performance, and flexibility needed for efficient risk reporting while also providing the self-service capabilities managers need to investigate problems. The platform allows companies to efficiently produce analytical reporting across huge volumes of structured and unstructured data, distributed across multiple systems and domains. With these applications, risk managers can leverage sophisticated tools to uncover suspicious or hazardous trends before they become problems. MicroStrategy can enables organizations to replace multiple, disparate point solutions with a single, common analytics platform, so they can maintain a governed, consistent enterprise data environment.

Risk Management
Enterprise Analytics Solution

Executive Insights

The Challenge

Executives need access to real-time information on spending, budgeting, and financial performance in order to run their business units more effectively. But for many executives, digging through individual spending reports and budgets can be overwhelming. That is why they need a single tool that can give them instant insight into a wide range of important financial metrics.

The Solution

Finance departments are not only responsible for a company’s past and present financial situation, they also play a key role in setting business strategies that will determine a company’s financial future. CFOs and others in the executive suite need to be able to easily get a grasp on high-level corporate financials so they can more confidently plan, budget, forecast, and report. With MicroStrategy, organizations can easily combine financial data from across the enterprise through data blending and hierarchical reporting. By putting this information in a single, user-friendly mobile interface, executives can quickly aggregate financial data across department or quarter, dig into budget and spending KPIs, and get an overall view of financial and operational performance. The MicroStrategy platform can helps ensure the accuracy and timeliness of critical data provided to the finance executive team so they can better perform their controllership, treasury, and economic strategy and forecasting responsibilities.

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Enterprise Identity Solution

Employee Digital Badge

The Challenge

Companies have traditionally relied on separate types of credentials to control employee access to offices and enterprise IT systems, resulting in a fragmented approach to identity management and access control. Organizations need a way to deploy a single type of credential that can provide secure, frictionless access to both offices and sensitive IT infrastructure. Providing this type of enterprise access and authentication is key to avoiding data breaches, improving employee productivity, and enhancing the overall user experience.

The Solution

Usher’s digital identity badges can enable authorized employees to securely and seamlessly access corporate offices and critical information systems by leveraging their smartphones. With Usher, institutions have a variety of options to protect enterprise information through strong, flexible multi-factor authentication including push notifications, biometrics, one-time passwords, face-to-face validation, and Bluetooth proximity. Usher can provide visibility into user behavior, helping to enable organizations to optimize asset utilization, improve productivity, reduce risk, and digitally transform their business operations.

Employee Digital Badge

Finance professionals at leading global organizations rely on MicroStrategy every day.

Finance Department Resources

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