Record to Report (R2R) is a critical financial process that involves the systematic recording, reconciliation, and reporting of an organization’s financial transactions. It encompasses tasks such as journal entries, general ledger management, financial close processes, and the preparation of financial statements. The R2R process ensures that financial data is accurately recorded, verified, and reported in compliance with accounting standards and regulatory requirements. By efficiently managing the R2R process, organizations can gain better insights into their financial performance, make informed decisions, and meet their financial reporting obligations, ultimately contributing to financial transparency and accountability.