Health Checking The Financial Close Process

Uncover the importance of health checking your financial close.

It’s no secret that best-in-class organizations close faster with increased efficiencies, reduced costs and lower audit fees. The challenge is understanding how this is achieved, and how organizations can continue to build upon these improvements moving forward.

All best-in-class companies are focused on two key activities to enable financial close transformation— standardization and automation. This is why many organizations have made the decision to move away from manual processes to transform their Record to Report process with technology.

But, how can you continue to evaluate opportunities for ongoing improvements in your financial close process after the implementation? This eBook will outline key steps to take post-implementation to ensure you are meeting your initial project objectives and implementing a strategy for continuous improvement:

  1. Record to Report Timeline
  2. Stabilization
  3. Governance Review
  4. Return on Investment Calculation
  5. Data Analytics

Download the eBook to learn how you can begin health checking the financial close today.