To Streamline Financial Reporting, Governments Turn to the Cloud

Many state and local agencies are required by law to produce comprehensive annual financial reports (CAFRs). Even in normal times, the process can be arduous, complex and time-consuming; the pandemic has only exacerbated the challenges of producing timely and accurate CAFRs. But as one state agency has shown, implementing a cloud-based solution can greatly improve the CAFR production process. This case study walks through that agency’s experience and details the benefits of cloud for other organizations charged with producing financial reports.