The journal entry is the workhorse of accounting. While the concept is straightforward—simply balance the debits and the credits—journal entries are far more difficult to execute correctly in real life.
Today’s finance professionals must navigate not hundreds, but thousands of transactions, making the journal entry process both complex and time consuming.
Modern journal entry solutions can automate entry creation, simplify the approval process, and streamline posting and tracking. And yet many organizations, while eagerly automating reconciliations, still rely on the risky and inefficient manual journal entry process.
Read this ebook to discover how your organization can reap the rewards of modernization, including: