The most time-consuming tasks in the financial close are substantiating the balances and adding supporting documents. A big reason is that Excel is still the dominant tool used by finance departments for balance sheet reconciliations. Often, Excel files are derivatives of originals created eons ago, and now they have broken links and macros no one can decipher. You must figure out a way to streamline this process because your accounts will only keep growing and getting more complex. The long hours are making your team grumpy, and there’s not enough chocolate in the world to soothe them.