5 Financial Close Best Practices

Close Faster, Close Efficiently

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, financial 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 numbers in hand.

To ensure an accurate close, F&A teams must implement financial close best practices, such as eliminating low-value, menial work with automation, to become strategic accountants that can drive the business forward.

By following the 5 best practices outlined in this eBook, you can begin to realize efficiency gains from an improved monthly financial close process:

  1. Three Puzzle Pieces: People, Processes, Technology
  2. Reconciliation Investigation
  3. Journal Entry Journey
  4. Set Controls
  5. Change for the Better

Download now to explore these financial close best practices.