Practical implementation of the Universal Process Framework for financial reporting

New standards, additional disclosures, and changing business operations are an all too familiar fire drill for finance professionals. The incorporation of new requirements to reporting and business processes is a quarterly, if not more frequent, event.

Those driving these changes to process and reporting output expect no drop in the quality of data or output. As a result, many organizations are doubling down on the expected reporting quality and have countless projects in flight.

This white paper discusses a real-life example of how one finance team empowered itself to take on process improvement—creating repeatable and sustainable processes that allowed them to meet growing demands and improve quality.