Every month, it’s a rush job.
The financial close often requires hundreds—even thousands—of tasks, executed by scores of people working across the business. Then, there’s the double-checking and rework, with the potential for mistakes growing every time someone touches the data.
In my work with companies large and small, I often see fragmented processes with manual interventions and disconnected spreadsheets. There is often a lack of clarity as to which are the latest numbers and little to no governance nor audit trails. And consolidated calculations are complex, making it a challenge to ensure there are no errors.
In this age of real-time data and connected enterprises, the situation seems almost absurd.
The good news is, there are tools and best practices available to automate and manage the entire close process, end-to-end—delivering a financial close that:
On Friday, March 24, I’ll be hosting a webcast with a leading global hospitality and investment company. They will share why and how they implemented a financial close solution in the cloud. The project took less than 2 months to complete and improved the organization's overall time to close.
Register for the webinar to learn how you can achieve:
Attendance at this webinar will also count as one free CPE credit, so please join us.