Blueprint for a Holistic Financial Close Process

In the first two episodes of this Financial Close Task Management webinar series we looked at the benefits of replacing Excel spreadsheets with a dedicated closing task management software and applying automation to manual tasks. Once you have these improvements in place the next step is to transform your financial close into a truly holistic process.

Eliminate bottlenecks and unnecessary delays by connecting account reconciliation and journal entry management processes to your closing task management system.

It’s time to look into holistic financial close management, if you:

• Use separate applications for close task management and other financial close processes like manual journal entries and account reconciliation.
• Manually create and post journals from a closing task.
• Lose time on dependent tasks for account reconciliations.