The Record To Report Cycle. What Is It?

Category: Business

The Record to Report Cycle (R2R) or R2R Process Cycle, is a Finance and Accounting (F&A) management process which involves collecting, processing, and delivering relevant, timely, and accurate information used for providing strategic, financial, and operational feedback, which aids in understanding if a business is performing like a well-oiled machine or a staggering, creaking relic taking its last breath.