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Shorten the Period-Close and Pivot from Collecting Data to Analysis

December 4, 2019
Matt Hopkins

Time spent on a monthly close can vary widely by organization – around four days or less for top performers to as many as 10 days for the bottom 25%, according to a recent benchmark survey by APQC.

Improving operational efficiency, especially in the area of period close, is imperative for the office of finance, but how does the finance organization do that? With a cost center stigma, the finance department is not always the first to receive funding for transformative change.

Watch this webinar and learn how technology and process changes can improve period-close activities and bring real value. Improvements in each of the following period-close core tasks can provide transformative change:

Closing the books and external reporting

Periodic reconciliations

Managing the period-close process