Businesses use data to understand how the business is performing, to manage operations, and to make key business decisions. With the accelerating pace of business today, accurate, up-to-date data is more essential than ever. Finance leaders need operational and performance data to know how their department is performing, to efficiently manage their operations, and to enable data-driven decision-making. It is imperative for companies to start modernizing their accounting functions in order to remain competitive. This starts by eliminated manual processes and digitizing operations. Once this is done, accounting and finance executives need access to performance data to improve their processes.