How Governments are Using Cloud to Transform Financial Reporting

State and local agencies face a number of obstacles when it comes to completing mandatory financial reports. Legacy systems, inefficient workflows and an overreliance on IT teams to pull fiscal data all make it difficult to produce timely and accurate reports. The coronavirus pandemic – and related fiscal uncertainties and workforce disruptions – have made it even more challenging for agencies to get reports out on time. Cloud technologies, which allow teams to collaborate from anywhere and pull their own data whenever they need it, are helping many governments improve the way they produce financial reports. Download this issue brief to find out more about how the cloud is evolving financial reporting functions.