The role of the Chief Financial Officer (CFO) and Controller has changed in mid-sized companies as these individuals are being charged to produce accurate financial information faster and think ahead of upcoming hurdles to support the business.
There are some simple ways CFOs and Controllers can accelerate the financial close process through optimizing process re-engineering, automating processes with technology and restructuring the finance function to be more process driven rather than ERP driven. While your finance team is burdened with manual activities to close your books, such as scanning invoices and reconciling manual excel documents, your quick solution is to optimize processes where your ERP system is not built to help you.
This whitepaper will help organize your challenges and identify quick ways to accelerate the financial close process. This document outlines:
Download our complimentary guide to improve your close.