target audience: TECH SUPPLIER  Publication date: Aug 2024 - Document type: Market Presentation - Doc  Document number: # US51090823

IDC Market Glance: Record to Report, 3Q24

By:  Heather Herbst Loading

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Abstract


This IDC Market Glance provides information on what capabilities the technology vendors offer in the record to report (R2R) space. The record to report process is crucial for businesses to gather, process, and deliver accurate financial information. Trends show vendors expanding capabilities through partnerships to offer comprehensive solutions, driven by CFOs' demand for a one-stop shop.

"Embrace the future of finance: R2R's evolution with AI and partnerships redefines financial reporting and compliance, paving the way for transformative business insights, and can alleviate the talent pipeline issues for the CFO." — Heather Herbst, research director, Worldwide CFO Tech Agenda



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