Financial close and consolidation are integral tasks undertaken by your finance team.
In many instances, manual spreadsheets are used for these crucial operations. As your business becomes more complex, so too do the spreadsheets, until ultimately they become over-engineered and insufficiently robust. This results in your finance team spending far longer than necessary using error-prone systems to manage month end close.
Using accurate reporting from IBM® Planning Analytics, we can help you to establish an automated and swift month end close process. The data is extracted directly from the finance systems, leaving a clear and detailed audit trail and providing genuine stability to the process. The system automates manual repetitive tasks currently occupying too much of your team’s time and controls the integrity of the data.
If you would like to reduce the time taken on month end close and increase certainty around the accuracy of your data, contact us now.