Posts Categorized: Month End Close

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June 25, 2019
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The Changing Role of Finance and Accounting

As a corporate finance leader, you regularly strive to deliver useful, timely data to support decision makers inside and outside your organizations. To that end, the close process must be robust and controlled to provide a reliable snapshot of company performance. Yet how much do you really know about your month-end close process? About the details and due dates and deliverables? How much can you really see?

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June 20, 2019
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Moving from Manual to Modern: The Benefits of Business Process Automation

When it comes to automation in the workplace, not a week goes by without the release of a new study on how machines will impact jobs. Some suggest that the transfer of repetitive tasks from the hands of workers to machines will elevate the type of work people do. On the other hand, there are...

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June 13, 2019
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The Power of the Checklist: Gaining Control of the Financial Close

Ten years ago, the world was captivated by the scenes on TV of a plane in the Hudson River as passengers stood on the wings waiting to be rescued. Despite the loss of both engines shortly after takeoff, all the passengers and crew were saved because of the quick actions of Captain Chesley “Sully” Sullenberger...

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May 16, 2019
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R2R Automation Framework: Artificial Intelligence

Have you heard that Machine Learning (ML) and Artificial Intelligence (AI) are enabling computers to win at chess, using weather data to improve profits and providing insights previously never imagined? It’s true, and Trintech is in the process of building out ML and AI technologies that help you improve your controls in your financial close...

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May 14, 2019
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How an Automated R2R Process Can Boost a CFO’s KPIs

The R2R process is bursting with data just waiting to be analyzed. Utilizing an automated solution allows the CFO to take a deep dive into their KPIs.

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May 8, 2019
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Global Overnight: How to Ensure the Integrity of Your R2R Process Post-M&A

The merger and acquisition process has a significant impact on your company as a whole, but what about the office of finance? Learn how automating the R2R process ensures a global cohesion throughout the financial close.

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May 7, 2019
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R2R Automation Framework: Risk Intelligent RPA

Hopefully by now as you have been reading our latest blog series on Trintech’s automation framework, you understand the key tenants of our vision include: Leveraging your existing natural system(s) of record which allows you to maximize your ROI on those investments by keeping those systems as the vehicle to create the permanent record of...

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May 2, 2019
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R2R Automation Framework: ERP Bots

What is an ERP Bot and how does it help my financial system of controls? Over the last few years I have spoken with several of our customers, and there has been one consistent theme that stands out amongst them all – RPA. During these discussions customers typically fall into one these categories: Excited that...

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May 1, 2019
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The Invaluable Benefits of Transparency in the Financial Close

As a corporate finance leader, you regularly strive to deliver useful, timely data to support decision makers inside and outside your organizations. To that end, the close process must be robust and controlled to provide a reliable snapshot of company performance. Yet how much do you really know about your month-end close process? About the details and due dates and deliverables? How much can you really see?

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April 11, 2019
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R2R Automation Framework: 3rd Party RPA Connectors

Finance leaders across the world are trying to implement Robotic Process Automation (RPA) tools. RPA tools are software programs that automate repetitive tasks and workflows that require very low or no judgement to perform. As the Office of Finance makes the shift from tactical to strategic value creator and implementing more RPA agents to automate daily/monthly processes, one of the major challenges they face is driving consolidated automation across multiple systems to minimize human intervention in repetitive processes.

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