We all know that the financial close process has long been a critical activity allowing organizations to accurately record and report on their past performance. This accuracy is clearly not only essential for the organization to understand what has happened but also to ensure it meets the legal requirements to perform and publish a financial analysis. Considering the additional importance of using the actual data to seed planning and budgeting amongst other processes ― effective, timely and accurate close processes are no doubt in the best interests of every organization.
Read how finance leaders are examining the business changes that have occurred in recent years, and how they’ve navigated a way forward to increase the accuracy and effectiveness in the close process.