The Accountants Guide: 4 Ways Controllers Can Create a More Accurate and Efficient Account Reconciliation Process
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For many organizations, the reconciliation process is the most time-consuming and challenging part of the financial close. Organizations can solve many of their overarching challenges with the month-end close by improving and simplifying the process.
An effective, efficient reconciliation process is a critical first in the financial close and sets the foundation for a successful period-end close.
This guide from CFO Dive and Trintech will discuss:
- How defining your policy and processes will help set a solid foundation for your account reconciliations
- The importance of standardizing your processes
- Identifying how the risk rating of accounts will affect their treatment
- The automation of processes
Download this Accountants Guide to learn how to make the reconciliation process more accurate and efficient and show how the right solution will unleash the potential within finance and enable your organization to be more competitive.