Financial Close Excellence Part 1: Balance Sheet Substantiation
Despite recent trends toward digital transformation and a new wave of ERP technology, many accounting teams still rely on traditional, manual processes to close the books. In other words, the close is chaos with a deadline.
But it doesn’t have to be.
This Financial Close Excellence webinar series explores aspects of the Financial Close that are most ripe for transformation and share best practices for accounting teams.
Financial Close excellence starts with completeness and accuracy. In this first episode, we cover:
- Why the Financial Close should be a focus in transformation efforts
- What balance sheet substantiation involves and why it’s critical
- How SAP Account Reconciliation and Automation by BlackLine complements core SAP functionality to reduce risk and add visibility