Find a Resource

160 Resources

9 Red Flags to Assess Your Financial Close Processes

Often used as an early warning sign, red flags can proactively assess the risk of re-work, financial restatements, and fraud throughout your financial close process. These red flags often occur throughout your financial close due to the utilization of desktop applications that lack automation, audit trails, and integration, forcing increased…

Best Practices for Financial Close Process Automation

In the world of Finance & Accounting (F&A), you need to be willing to innovate in order to move toward a more efficient, and accurate, final close process. The quicker you close, the quicker you can move on to higher value-added tasks such as analysis and strategic planning, with accurate…

Eliminate Financial Close Bottlenecks with Automation

The financial close process is typically made up of a repeatable series of activities, performed in a specific sequence, by specific people, and by specific due dates. It sounds straightforward, but for some organizations, this process becomes chaotic due to late adjustments, confusing email chains, approval, and lack of document…

Financial Close KPIs You Should Be Tracking

There is an old adage “What gets measured gets managed”, however, it is also true that if you are measuring the wrong things you will end up managing the wrong things. What Do We Mean By KPIs The biggest problem we often see is that many companies, especially ones with…

10 Financial Close Rules That Hurt The Office of Finance

Tip Sheet
A general lack of visibility, bottlenecks in the workflow and a constant demand from executive management to close faster, all plague the typical close process. Often the result is to adopt a “why fix what’s not completely broken” attitude and throw their budget and efforts into handling the symptoms of…

Financial Close Automation: 4 Reasons to Modernize

Did you know relying on manual processes and spreadsheets leads to human error and more time spent on routine tasks? While manual methods may be seen as the status quo for many mid-market organizations, it's more crucial than ever to recognize the benefits of automating your month-end close processes. 4…

Webinar: Your ERP Is Just the Beginning: It’s Time to Close the Process

Webinar On-Demand WebinarsThursday, February 20th 2:00pm EST | 1:00pm CT | 11:00am EST
An ERP is critical in helping manage parts of the financial close process, however, there is still a significant amount of work that is taken outside of the ERP each period end and managed manually, increasing the risks of your financial data. So, how can you make the most of…