How new budgeting and consolidation processes are remodelling the Real Estate and Construction Sector
As real estate and construction projects grow in complexity, challenges emerge in collating, consolidating and analysing data as finance professionals contend with data from multiple jurisdictions and subsidiaries, in a range of currencies. Delays or errors in data can have a serious financial impact.
This white paper outlines the four FP&A challenges that businesses in the construction sector must meet: producing meaningful real-time financial information, understanding and driving profitability, integrating new developments for better performance, and optimising workforces. The paper also includes a case study of how NREC of Kuwait optimised its planning, budgeting and consolidation.