With the CANCOM Cloud Data Platform based on Microsoft Fabric, finance departments have the opportunity to centralize their data flows and analyze them in real time.
A leading medium-sized company was able to significantly optimize its financial processes by using the platform. Previously, various Excel-based systems were in use, which did not provide a uniform view of the financial data and were prone to errors due to manual intervention. By introducing the Cloud Data Platform, the data could be centralized and kept consistent, which led to a huge increase in reporting efficiency.
Automated analysis and improved compliance: The Cloud Data Platform provides automated data aggregation and analysis, eliminating manual processes and allowing reports to be generated in real time. This enabled the finance department to generate key KPI reports faster and accelerate the management reporting process by 50%. Integrated compliance monitoring ensured that all financial data was processed in accordance with legal requirements such as IFRS and GDPR . This not only improved the accuracy of reports, but also ensured compliance with internal and external regulations.
Transparency and control: Thanks to role-based access control, only authorized employees could access sensitive financial data, while the rest of the team could access summarized reports. This ensured greater transparency and control within the finance department without compromising security. By using Microsoft Fabric and Microsoft Purview, all processes were fully documented and complete traceability was ensured.
Increased efficiency through automation: The introduction of the Cloud Data Platform enabled the company to automate 30% of its manual financial processes. This led to significant time savings and an improvement in data quality, as errors caused by manual entries were minimized. In addition, the finance department benefited from increased flexibility as data requests and ad-hoc analysis could be performed in real time.
With the CANCOM Cloud Data Platform, the finance department of a medium-sized company has not only increased its efficiency, but also met the highest security and compliance standards, enabling a future-proof and scalable financial landscape.
