Best Practices for a More Effective Close
Accelerate Your Close Process with Continuous Accounting
How quickly a finance organization can close its books is a reliable way to gauge its effectiveness. Yet only 53% of companies complete their monthly close within six business days.
A Continuous Accounting approach enables finance organizations to achieve steady efficiency gains by embedding automation, control, and period-end tasks within day-to-day activities. The result is a shorter close, more accurate financials, and a more effective organization.
Download this whitepaper from Ventana Research to discover how Continuous Accounting can help you accelerate your close process. You will learn how to:
- Use technology to eliminate unproductive activities and distribute workloads more evenly
- Cultivate a culture of continuous improvement to identify and address ineffective process flows
- Address the interrelated set of people, process, information and technology issues