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Due to a notable increase in regulations and even higher stakeholder demands, the pressure on the organization’s financial close, or month-end close, and reporting processes is greater than ever before. These pressures often require organizations to disclose more information in their reports and in a shorter time frame than previously expected, dramatically increasing the risk of errors across their Office of Finance.

The average company now plans to perform their month-end closing in 5 days. How does yours compare?

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Related Case Study

Case Study

Siemens Corporation

Siemens uses Trintech’s Record to Report solution to increase control and transparency across its financial close Siemen’s account reconciliation process was very decentralized amongst each of the company’s business units. Many locations relied on Excel and multiple shared directories to perform general ledger account reconciliation. Siemens wanted an efficient, automated solution that could integrate with their complex ERP environment to deliver best-in-class account reconciliation services to their various business units.…

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