“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting—and is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.
automation, workflow management, and dataentry validation. One of the keys to a fast close is right-first-time reporting, which not only increases quality earlier in reporting processes, but the additional time spent on analyzing the data leads to better quality reporting that delivers greater value. Because the fast close is about streamlining and industrializing the close process, internal control systems are inherently improved, which, in turn, improves the audit signoff process. Greater Time and Cos