Accurate and timely journal entry processing is essential to your organization’s Record to Report cycle, as journal entries ensure that the financial events of the period are recorded and complete.
However, most organizations struggle with manually managing this process each month due to disparate 3rd party systems, missing or inadequate supporting documentation, improper management approval, and a lack of transparency into the impact of late adjustments. Furthermore, with the future of finance moving toward blockchain technologies, it is critical, now more than ever, to gain complete control over your systems and processes to ensure you are ready for the next wave of technologies.
During this webinar, we will discuss how to optimize your journal entry process by:
- Minimizing the time and risk of manual journal entries
- Gaining real-time workflow visibility and control
- Ensuring proper validation and support documentation