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How To Improve Communication In Your Remote Office of Finance

Tip Sheet
Accountants and finance professionals are traditionally numbers people with exceptional organizational skills and attention to detail. But the ability for an individual to communicate well both verbally and orally is equally as important; particularly as an interspersed finance team. A well-run meeting or well-written email outlining key actions can make…

9 Red Flags to Tell If Your Financial Close Is in Trouble

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. And these red flags often occur throughout your financial close due to the utilization of desktop applications that lack automation, audit trails and integration, forcing…

Automating the Close Process

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 the Bottlenecks – Automate Your Financial Close

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, of approval and lack of…

Which KPI Goals Should You Be Tracking in Your Close

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. In this eBook, we will identify what is meant by KPIs, which KPIs you should be tracking and how…

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…

4 Reasons to Automate Your Financial Close

Did you know relying on manual processes and spreadsheets leads to human error? 80% of companies found deficient controls after an event and subsequently had to restate their financials. Reduce time spent on routine tasks with automation. Download the infographic to discover four reasons to automate your financial close process.

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…