Take the Financial Management Quiz!

Strong financial management is one of the keys to success for companies in the tech, media, entertainment, and communications industries. To stay competitive, organizations are setting aside their inflexible, on-premises systems for a cloud-based financial management system that enables them to support current and future business needs, manage uncertainty and risk, and drive more intelligent decision-making across their entire organization.

Take the Financial Management Quiz to establish what kind of buyer you are, and we’ll instantly deliver the most helpful content so that you can achieve your financial management goals.

1. Where are you in your financial management journey?

We need to manage the entire contract-to-cash life cycle We need a cloud-based financial management system that will support our ability to excel at transformational events like M&As We need to modernize our quote-to-cash (Q2C) system so we can be more agile

2. What is an area of struggle you’d like to overcome?

We can’t influence operational decisions as business is being transacted We can’t successfully leverage transformational events like IPOs and divestitures Our Q2C system is composed of siloed systems and fragmented workflows

3. Why is improving your financial management essential to your organization?

We want to easily meet new revenue recognition standards We want to excel during transformational milestones like acquisitions and spin-offs We want to exploit the value of our data

4. What would be the most significant business benefit of a cloud-based financial management solution?

Quickly responding to changing business needs Achieving optimal outcomes from transformational events Eliminating data silos and accelerate plan-execute-analyze cycles

5. What is your most significant financial management challenge?

We are unable to bring together customer contracts, billing, collections, and revenue recognition in a single system Our current system doesn’t support the type of accurate real-time data analysis we need for transformational events Our current Q2C system doesn’t enable us to conduct “what if?” scenario planning

6. What do you wish your current financial management system could do differently?

Provide a complete view of all customer contracts Be agile in reacting to change so we can handle events like acquisitions Integrate CRM, financial management, and planning and analysis apps into a single system

7. Regarding digital acceleration, what are you trying to accomplish?

Flexible and smart revenue recognition React to new transformational events better Create a decision-ready organization

8. What is the biggest benefit of a cloud-based financial management platform?

Reducing complexity to a single cloud system Being able to conduct planning, modeling, and scenario analysis during key pivot points Having a solid foundation for enterprise-wide commercial operations into a

9. Why is a financial management service provider’s customer service important to you?

We could support new business models We could achieve transformational excellence We would have best-in-class Q2C

10. What are the likely consequences for your business if you don’t improve your financial management?

We won’t be able to accelerate cash flow We achieve above-average outcomes from transformations consistently We won’t be able to analyze changes and explore responses