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| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | 
Apr 28, 2023 |
Oct 30, 2024 |
Business value
The Record to Report data model in Business performance analytics delivers detailed financial data. It empowers users to create custom reports and easily perform dimension-based analysis. By enhancing the accuracy and timeliness of financial statements and supporting key processes like General Ledger, Budgeting, and Financial Dimensions, the Record to Report model drives strategic decision-making. It optimizes financial operations and ensures effective period-end reporting. This model ultimately contributes to sustainable business growth and competitive advantage.
Feature details
The Record to Report data model in Business performance analytics gives you a comprehensive view of financial performance and regulatory compliance. By streamlining key financial processes such as General Ledger, Budgeting, and Financial Dimensions, the Record to Report data model improves the accuracy and timeliness of financial statements. This improvement supports better strategic planning and decision-making.
The data comes at the most detailed level possible, so you can perform detailed and precise analysis. Use the data model to build custom reports and analytics, making it highly accessible and user-friendly. You can easily perform dimension-based analysis on the financial data, which enables deep insights into various financial aspects. This capability makes the Record to Report data model particularly effective for period-end reporting, providing businesses with timely and accurate financial insights.
Additionally, it improves transparency and accountability, so stakeholders have more confidence. When you can quickly identify financial anomalies and trends, you can optimize your financial operations, reduce costs, and increase profitability. This strong financial insight helps sustainable business growth and better competitive positioning.
Geographic areas
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Language availability
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